Flanigan’s Enterprises (NYSEAMERICAN:BDL) Now Covered by StockNews.com

StockNews.com started coverage on shares of Flanigan’s Enterprises (NYSEAMERICAN:BDL) in a report published on Tuesday. The firm issued a hold rating on the stock.

Flanigan’s Enterprises Price Performance

BDL opened at $24.85 on Tuesday. The company has a quick ratio of 1.21, a current ratio of 1.57 and a debt-to-equity ratio of 0.27. Flanigan’s Enterprises has a one year low of $23.94 and a one year high of $29.72.

Institutional Investors Weigh In On Flanigan’s Enterprises

An institutional investor recently raised its position in Flanigan’s Enterprises stock. Empowered Funds LLC lifted its position in shares of Flanigan’s Enterprises, Inc. (NYSEAMERICAN:BDL) by 5.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,030 shares of the company’s stock after acquiring an additional 670 shares during the quarter. Empowered Funds LLC’s holdings in Flanigan’s Enterprises were worth $375,000 at the end of the most recent quarter. Institutional investors own 11.03% of the company’s stock.

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.