On 12/4/24, Ark Restaurants Corp. (NASDAQ: ARKR) stock enjoyed a major increase of 15.5%, closing at $12.36. Moreover, exceptionally high trading volume at 768% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 23.5% during the last week.
Current PriceTarget Research Rating
Ark Restaurants has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Ark Restaurants has a neutral Appreciation Score of 55 but a poor Power Rating of 20, producing the Negative Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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