BT Brands (NASDAQ:BTBD) Issues Earnings Results

BT Brands (NASDAQ:BTBD) issued its earnings results on Thursday. The company reported ($0.02) earnings per share (EPS) for the quarter, Zacks reports. BT Brands had a negative return on equity of 8.99% and a negative net margin of 4.57%.

BT Brands Stock Performance

BTBD traded up $0.11 during trading on Thursday, hitting $1.57. The company’s stock had a trading volume of 17,882 shares, compared to its average volume of 295,043. The business’s 50 day simple moving average is $1.74 and its 200-day simple moving average is $1.45. The firm has a market cap of $9.70 million, a PE ratio of -17.43 and a beta of 0.52. BT Brands has a one year low of $1.03 and a one year high of $2.48. The company has a quick ratio of 3.99, a current ratio of 4.48 and a debt-to-equity ratio of 0.28.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings raised shares of BT Brands from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, October 6th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

BT Brands Company Profile

BT Brands, Inc. is a restaurant holding company that owns and operates franchised and company-operated restaurants in the United States. Its portfolio includes Burger Time restaurants, which offer quick-service hamburgers, sandwiches, fries, shakes and other menu items. The company has also operated restaurants under additional concepts, including Boss’ Pizza and Chicken, a fast-casual chain serving pizza, chicken and related food products. BT Brands’ operations have been concentrated in the Upper Midwest and other select U.S. markets, including North Dakota, Minnesota, Montana and Oregon.