Flanigan’s Enterprises (NYSEAMERICAN:BDL) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $25.50. Flanigan’s Enterprises shares last traded at $25.50, with a volume of 4,485 shares.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Flanigan’s Enterprises in a research note on Saturday, January 11th. They issued a “hold” rating on the stock.

Flanigan’s Enterprises Price Performance

The company has a market cap of $46.48 million, a PE ratio of 14.12 and a beta of 0.68. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.46 and a quick ratio of 1.16.

Flanigan’s Enterprises Company Profile

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.