Chanticleer Holdings (NASDAQ:BURG) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totalling 187,300 shares, a growth of 26.5% from the June 30th total of 148,100 shares. Currently, 5.8% of the company’s shares are short sold. Based on an average daily volume of 187,500 shares, the days-to-cover ratio is currently 1.0 days.
BURG stock traded up $0.02 during midday trading on Wednesday, hitting $0.75. The company had a trading volume of 1,518 shares, compared to its average volume of 184,714. The company has a current ratio of 0.08, a quick ratio of 0.06 and a debt-to-equity ratio of 2.47. Chanticleer has a 52 week low of $0.66 and a 52 week high of $2.95. The firm has a 50 day moving average price of $0.85. The company has a market capitalization of $3.07 million, a PE ratio of -0.52 and a beta of 2.46.
Chanticleer (NASDAQ:BURG) last announced its quarterly earnings data on Wednesday, May 15th. The restaurant operator reported ($0.51) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.34) by ($0.17). Chanticleer had a negative net margin of 15.02% and a negative return on equity of 70.24%. The company had revenue of $10.20 million during the quarter, compared to the consensus estimate of $10.35 million. Equities research analysts predict that Chanticleer will post -1.28 EPS for the current year.
BURG has been the subject of several recent research reports. ValuEngine upgraded Chanticleer from a “sell” rating to a “hold” rating in a research report on Thursday, August 1st. Zacks Investment Research upgraded Chanticleer from a “sell” rating to a “hold” rating in a research report on Wednesday, June 5th.
There is no company description available for Chanticleer Holdings Inc
Recommended Story: What does earnings per share mean?
Receive News & Ratings for Chanticleer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chanticleer and related companies with MarketBeat.com's FREE daily email newsletter.