StockNews.com Begins Coverage on Flanigan’s Enterprises (NYSEAMERICAN:BDL)

Research analysts at StockNews.com initiated coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDLGet Free Report) in a report issued on Tuesday. The firm set a “hold” rating on the stock.

Flanigan’s Enterprises Stock Performance

NYSEAMERICAN:BDL opened at $23.75 on Tuesday. Flanigan’s Enterprises has a 52 week low of $22.70 and a 52 week high of $29.72. The company has a market capitalization of $44.17 million, a price-to-earnings ratio of 13.42 and a beta of 0.68. The business’s 50-day simple moving average is $24.36. The company has a current ratio of 1.46, a quick ratio of 1.16 and a debt-to-equity ratio of 0.27.

Flanigan’s Enterprises Company Profile

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Flanigan’s Enterprises, Inc, together with its subsidiaries, operates a chain of full-service restaurants and package liquor stores in South Florida. The company operates in two segments, Package Stores and Restaurants. It operates package liquor stores under the Big Daddy’s Liquors name, which offer private label liquors, beer, and wines; and restaurants under the Flanigan’s Seafood Bar and Grill service mark that provide alcoholic beverages and full food services.

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