ValuEngine upgraded shares of Chanticleer (NASDAQ:BURG) from a sell rating to a hold rating in a report issued on Monday, ValuEngine reports.

BURG has been the subject of a number of other reports. Zacks Investment Research cut shares of Chanticleer from a hold rating to a sell rating in a research report on Friday, April 5th. Northland Securities reissued a buy rating and issued a $3.50 price target on shares of Chanticleer in a research report on Friday, April 5th.

Shares of BURG opened at $0.88 on Monday. Chanticleer has a 1-year low of $0.82 and a 1-year high of $3.70. The company has a debt-to-equity ratio of 2.47, a current ratio of 0.08 and a quick ratio of 0.06.

Chanticleer (NASDAQ:BURG) last announced its quarterly earnings results on Wednesday, May 15th. The restaurant operator reported ($0.51) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.34) by ($0.17). Chanticleer had a negative net margin of 15.02% and a negative return on equity of 70.24%. The company had revenue of $10.20 million during the quarter, compared to analysts’ expectations of $10.35 million. On average, equities analysts predict that Chanticleer will post -1.22 EPS for the current fiscal year.

A hedge fund recently bought a new stake in Chanticleer stock. Renaissance Technologies LLC acquired a new stake in shares of Chanticleer Holdings (NASDAQ:BURG) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 15,866 shares of the restaurant operator’s stock, valued at approximately $27,000. Renaissance Technologies LLC owned about 0.43% of Chanticleer at the end of the most recent quarter. 6.69% of the stock is currently owned by hedge funds and other institutional investors.

About Chanticleer

There is no company description available for Chanticleer Holdings Inc

Featured Article: Stock Symbols and CUSIP Explained

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Chanticleer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chanticleer and related companies with MarketBeat.com's FREE daily email newsletter.