Chanticleer Holdings (NASDAQ:BURG)’s stock price rose 4.8% on Friday . The stock traded as high as $0.68 and last traded at $0.65, approximately 133,800 shares were traded during mid-day trading. An increase of 174% from the average daily volume of 48,767 shares. The stock had previously closed at $0.62.
BURG has been the topic of several research reports. Zacks Investment Research downgraded shares of Chanticleer from a “hold” rating to a “sell” rating in a research note on Wednesday, January 8th. ValuEngine raised shares of Chanticleer from a “sell” rating to a “hold” rating in a research note on Wednesday, December 4th.
The company has a debt-to-equity ratio of 3.10, a current ratio of 0.18 and a quick ratio of 0.16. The business’s 50 day simple moving average is $0.59 and its 200 day simple moving average is $0.70. The company has a market capitalization of $6.36 million, a PE ratio of -0.45 and a beta of 2.58.
Chanticleer (NASDAQ:BURG) last issued its earnings results on Thursday, November 14th. The restaurant operator reported ($0.18) EPS for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.02. Chanticleer had a negative net margin of 27.61% and a negative return on equity of 115.43%. The company had revenue of $9.65 million for the quarter, compared to the consensus estimate of $10.22 million. As a group, analysts anticipate that Chanticleer Holdings will post -1 EPS for the current year.
An institutional investor recently bought a new position in Chanticleer stock. Anson Funds Management LP bought a new position in shares of Chanticleer Holdings (NASDAQ:BURG) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 194,500 shares of the restaurant operator’s stock, valued at approximately $214,000. Anson Funds Management LP owned 4.94% of Chanticleer at the end of the most recent reporting period. 1.60% of the stock is currently owned by institutional investors.
Chanticleer Company Profile (NASDAQ:BURG)
There is no company description available for Chanticleer Holdings Inc
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