The Somewhat Favorable Press Coverage Likely to Affect Ark Restaurants Corp (ARKR) Share Price

The Somewhat Favorable Press Coverage Likely to Affect Ark Restaurants Corp (ARKR) Share Price

Shares of Ark Restaurants Corp (ARKR) opened at 25.921 on Monday. The stock has a market cap of $88.78 million, a price-to-earnings ratio of 16.272 and a beta of 0.43. Ark Restaurants Corp has a one year low of $20.00 and a one year high of $27.02. The company has a 50-day moving average price of $25.39 and a 200 day moving average price of $24.29.

News stories about Ark Restaurants Corp (NASDAQ:ARKR) have been trending somewhat positive on Monday, AlphaOne Sentiment Analysis reports. The research group, a subsidiary of Accern, identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Ark Restaurants Corp earned a daily sentiment score of 0.04 on AlphaOne’s scale. AlphaOne also assigned media headlines about the restaurant operator an impact score of 78 out of 100, meaning that recent press coverage is likely to have an effect on the company’s share price in the near term.

About Ark Restaurants Corp Ark Restaurants Corp. owns and operates restaurants, bars, fast food concepts and catering operations. As of October 1, 2016, the Company owned and/or operated 21 restaurants and bars, 19 fast food concepts and catering operations through its subsidiaries. As of October 1, 2016, six of its restaurant and bar facilities were located in New York City; two were located in Washington, DC; five were located in Las Vegas, Nevada; three were located in Atlantic City, New Jersey; one was located at the Foxwoods Resort Casino in Ledyard, Connecticut; one was located in the Faneuil Hall Marketplace in Boston, Massachusetts, and three were located on the east coast of Florida.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:ARKR”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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