(Nasdaq:ARKR) Ark Restaurants Corp Hits 52 Week Low

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Ark Restaurants Corp (Nasdaq:ARKR)

December 6th, 2018
Ark Restaurants Corp finished Thursday’s trading session down 4.13%, a $0.93 decrease to close on $21.58. As well as the drop in value, Ark Restaurants Corp hit a new 52 week low of $20.03. Ark Restaurants Corp bounced 12.13% between low and high.

ARKR was outperformed by the rest of the Consumer Discretionary sector which went up 0.61%.

Analysis results from 1 analyst points to the possibility that Ark Restaurants Corp could drop somewhat (-24%), while Finbox has calculated (with low uncertainty) a fair value price of $24.06.

Market Sectors

The market sectors were mixed Thursday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.66%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 13%. The biggest loss this year has been the Communication Services sector dropping 13%.

Communication Services saw the biggest turnaround from its 5-day performance of -0.23%, as it went up 1.04%. Energy and Materials both saw turn arounds from their five day positive performance, Energy with a drop of 1.77%.

Sector Breakdown

  • Real Estate went up with a 2.66% change.
  • Communication Services went up with a 1.04% change.
  • Consumer Discretionary went up with a 0.61% change.
  • Information Technology went up with a 0.23% change.
  • Utilities went down with a -0.10% change.
  • Consumer Staples went down with a -0.10% change.
  • Healthcare went down with a -0.31% change.
  • Industrials went down with a -0.55% change.
  • Materials went down with a -1.36% change.
  • Financials went down with a -1.44% change.
  • Energy went down with a -1.77% change.

Ark Restaurants Corp Info

Ark Restaurants Corp., through its subsidiaries, owns and operates restaurants and bars in the United States. As of September 30, 2017, it owned and/or operated 20 restaurants and bars, including 5 facilities located in New York City; 2 in Washington, D.C.; 5 in Las Vegas, Nevada; 3 in Atlantic City, New Jersey; 1 in the Faneuil Hall Marketplace in Boston, Massachusetts; 2 on the east coast of Florida; and 2 on the gulf coast of Alabama. It also owns and operates 19 fast food concepts; and engages in catering operations. The company was founded in 1983 and is based in New York, New York.

All amounts in USD unless otherwise indicated

ARKR daily update
ARKR daily update


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