Shares of Chanticleer Holdings, Inc. (NASDAQ:HOTR) hit a new 52-week low during mid-day trading on Friday . The company traded as low as $2.03 and last traded at $2.03, with a volume of 5,201 shares. The stock had previously closed at $2.19.

Separately, ValuEngine downgraded shares of Chanticleer Holdings from a “hold” rating to a “sell” rating in a report on Thursday, June 1st.

The firm’s 50 day moving average is $2.48 and its 200-day moving average is $1.81. The company’s market capitalization is $5.13 million.

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Chanticleer Holdings Company Profile

Chanticleer Holdings, Inc is engaged in the business of owning, operating and franchising fast casual dining concepts domestically and internationally. The Company’s brands include Hooters, American Burger Company (ABC), BGR: the Burger Joint (BGR), BT’s Burger Joint (BT), Little Big Burger (LBB) and Just Fresh.

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