BT Brands (NASDAQ:BTBD) Trading 6.8% Higher – What’s Next?

BT Brands, Inc. (NASDAQ:BTBD)’s share price traded up 6.8% on Tuesday . The company traded as high as $1.41 and last traded at $1.41. 61,527 shares traded hands during mid-day trading, an increase of 167% from the average session volume of 23,071 shares. The stock had previously closed at $1.32.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Weiss Ratings restated a “sell (d-)” rating on shares of BT Brands in a report on Wednesday, October 8th. Wall Street Zen raised BT Brands to a “sell” rating in a research report on Saturday, October 11th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

BT Brands Trading Up 6.8%

The business’s 50 day moving average price is $1.61 and its 200-day moving average price is $1.63. The company has a market cap of $8.67 million, a price-to-earnings ratio of -10.07 and a beta of 0.88. The company has a debt-to-equity ratio of 0.25, a quick ratio of 6.22 and a current ratio of 6.80.

BT Brands (NASDAQ:BTBD) last issued its earnings results on Tuesday, October 28th. The company reported $0.15 earnings per share for the quarter. BT Brands had a negative net margin of 6.67% and a negative return on equity of 8.02%. The business had revenue of $3.85 million for the quarter.

BT Brands Company Profile

BT Brands, Inc owns and operates fast-food restaurants in the north central region of United States. The company operates Burger Time restaurants located in Minnesota, North Dakota, and South Dakota; and a Dairy Queen franchise in Ham Lake, Minnesota. Its Burger Time restaurants provide various burgers and other food products, such as chicken sandwiches, pulled pork sandwiches, chicken chunks, side dishes, and soft drinks; and Dairy Queen restaurant offers burgers, chicken, sides, ice cream and other desserts, and various beverages.