Revenue Update on Chanticleer Holdings Inc(NASDAQ:HOTR)

Chanticleer Holdings Inc(NASDAQ:HOTR) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-Market on Mar 28, 2017. Based on the corporate Earnings and Guidance, many Investment Banking firms balance their portfolio to Sell and Buy Stocks based on their strategy of investing in stocks.Earnings per share were $-0.09.

Chanticleer Holdings Inc (HOTR) made into the market gainers list on Fridays trading session with the shares advancing 2.86% or 0.01 points. Due to strong positive momentum, the stock ended at $0.36, which is also near the day’s high of $0.36. The stock began the session at $0.3573 and the volume stood at 1,39,563 shares. The 52-week high of the shares is $0.9 and the 52 week low is $0.3104. The company has a current market capitalization of $7.9 M and it has 2,19,57,147 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jan 3, 2017, Michael D Pruitt (CEO) purchased 300 shares at $0.40 per share price.Also, On Dec 28, 2016, Mark Daniel Roberson (COO) purchased 100 shares at $13.50 per share price.On Dec 22, 2016, Gregory Evan Kraut (director) purchased 300 shares at $13.50 per share price, according to the Form-4 filing with the securities and exchange commission.

Chanticleer Holdings Inc. (Chanticleer) owns and operates fast casual dining concepts including Hooters franchises and other fast casual restaurant and bar concepts in the United States and internationally. The Company’s restaurant brands include Hooters American Burger Company Just Fresh BGR: The Burger Joint BT’s Burger Joint and Little Big Burger. It owns and operates in whole or part of around 13 Hooters restaurants which include Pretoria Durban and Johannesburg in South Africa; Campbelltown Parramatta Penrith and Surfers Paradise in Australia; Budapest in Hungary; Nottingham in the United Kingdom; Tacoma Washington; and Portland Oregon. It also operates gaming machines in Sydney Australia. As of October 01 2015 the Company had 62 locations across the world including 15 Hooters restaurants five American Burger Co. restaurants seven Just Fresh locations 23 BGR: The Burger Joint locations four BT’s Burger Joint locations and eight Little Big Burger locations.

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