The leisure industry closed the day down 2.6%. Home Inns & Hotels Management Inc ( HMIN), Country Style Cooking Restaurant Chain ( CCSC), MTR Gaming Group Inc ( MNTG), and Wynn Resorts ( WYNN) were all decliners today within the leisure industry with Benihana Inc ( BNHN) being today's featured leisure loser. Benihana Inc fell 8 cents (-0.9%) to $8.59 on light volume. Throughout the day, 2,750 shares of Benihana Inc exchanged hands as compared to its average daily volume of 6,600 shares. Benihana Inc. operates Benihana teppanyaki-style Japanese restaurants. It also operates other Asian restaurant concepts that include RA Sushi and Haru. Benihana Inc has a market cap of $52.4 million and is part of the services sector. The company has a P/E ratio of 218.5, above the S&P 500 P/E ratio of 17.7. Shares are up 8.2% year to date as of the close of trading on Thursday. TheStreet Ratings rates Benihana as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins.
Shares of Benihana (Nasdaq:BNHN) have taken a tremendous swing upward. The stock is trading at $16.15 as of 10:05 a.m. ET, 21.4% above Monday's closing price of $13.30. Volume is at 1.7 million, 31.1 times the daily average of 55,900.
Shares of Benihana (Nasdaq:BNHN) were gapping up Wednesday morning with an open price 16.7% higher than Tuesday's closing price. The stock closed at $14.22 yesterday and opened today's trading at $16.59.