BAB (OTCMKTS:BABB) Issues Earnings Results

BAB (OTCMKTS:BABB) released its quarterly earnings results on Wednesday. The company reported $0.02 earnings per share (EPS) for the quarter, Zacks reports. BAB had a return on equity of 16.39% and a net margin of 14.84%.

BAB Trading Up 0.7 %

BABB stock traded up $0.01 on Wednesday, hitting $0.82. The company’s stock had a trading volume of 8,274 shares, compared to its average volume of 11,700. BAB has a 1 year low of $0.71 and a 1 year high of $1.04. The stock has a market cap of $5.92 million, a price-to-earnings ratio of 13.59 and a beta of 0.01. The firm has a 50 day moving average of $0.86 and a two-hundred day moving average of $0.83.

BAB Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Stockholders of record on Monday, March 24th will be issued a $0.01 dividend. The ex-dividend date of this dividend is Monday, March 24th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 4.90%. BAB’s payout ratio is 66.67%.

BAB Company Profile

BAB, Inc franchises and licenses bagel and muffin retail units under the Big Apple Bagels (BAB), My Favorite Muffin (MFM), and SweetDuet (SD) trade names in the United States. It's BAB franchised brand includes daily baked bagels, flavored cream cheeses, premium coffees, gourmet bagel sandwiches, and other related products; and MFM brand comprises various freshly baked muffins and coffees, as well as units operating as My Favorite Muffin Your All Day Bakery Café features specialty bagel sandwiches and related products.