Flanigan’s Enterprises (NYSEAMERICAN:BDL) Stock Passes Above Two Hundred Day Moving Average – Should You Sell?

Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) shares passed 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 trading hands.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of Flanigan’s Enterprises in a report on Saturday, January 11th. They set a “hold” rating on the stock.

Flanigan’s Enterprises Stock Performance

The company has a market capitalization of $47.43 million, a price-to-earnings ratio of 14.41 and a beta of 0.68. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.16 and a current ratio of 1.46.

About Flanigan’s Enterprises

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.