GEN Restaurant Group (GENK) Set to Announce Quarterly Earnings on Wednesday

GEN Restaurant Group (NASDAQ:GENKGet Free Report) will be announcing its earnings results after the market closes on Wednesday, March 6th. Analysts expect the company to announce earnings of $0.06 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

GEN Restaurant Group Stock Down 1.2 %

Shares of GENK opened at $7.54 on Tuesday. GEN Restaurant Group has a 12-month low of $6.60 and a 12-month high of $20.50. The company’s 50-day moving average price is $8.10 and its 200 day moving average price is $9.61. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.42 and a current ratio of 1.44.

Institutional Trading of GEN Restaurant Group

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. increased its stake in GEN Restaurant Group by 110.9% during the fourth quarter. Vanguard Group Inc. now owns 27,996 shares of the company’s stock worth $219,000 after purchasing an additional 14,720 shares during the period. Citadel Advisors LLC purchased a new stake in shares of GEN Restaurant Group during the fourth quarter worth approximately $218,000. Scion Asset Management LLC purchased a new stake in shares of GEN Restaurant Group during the fourth quarter worth approximately $1,207,000. Northern Trust Corp purchased a new stake in shares of GEN Restaurant Group during the fourth quarter worth approximately $131,000. Finally, Walleye Capital LLC purchased a new stake in shares of GEN Restaurant Group during the second quarter worth approximately $302,000.

Wall Street Analyst Weigh In

Several analysts recently issued reports on GENK shares. Roth Mkm reduced their price objective on shares of GEN Restaurant Group from $14.00 to $11.00 and set a “buy” rating on the stock in a report on Monday. Benchmark cut their price target on shares of GEN Restaurant Group from $20.00 to $16.00 and set a “buy” rating on the stock in a research note on Wednesday, January 17th. Finally, Craig Hallum cut their price target on shares of GEN Restaurant Group from $27.00 to $16.00 and set a “buy” rating on the stock in a research note on Wednesday, November 15th.

Read Our Latest Report on GEN Restaurant Group

GEN Restaurant Group Company Profile

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GEN Restaurant Group, Inc operates restaurants in California, Arizona, Hawaii, Nevada, New York, and Texas. Its restaurants specialize in various flavored meats for Korean barbeque. The company was founded in 2011 and is based in Cerritos, California.

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