BT Brands (NASDAQ:BTBD) Trading Down 0.7% – Here’s What Happened

BT Brands, Inc. (NASDAQ:BTBD) shares traded down 0.7% during trading on Wednesday . The company traded as low as $1.4501 and last traded at $1.48. 10,064 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 25,091 shares. The stock had previously closed at $1.49.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BT Brands in a research report on Wednesday, October 8th. Wall Street Zen upgraded shares of BT Brands to a “sell” rating in a research note on Saturday, October 11th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, BT Brands presently has a consensus rating of “Sell”.

BT Brands Price Performance

The company has a quick ratio of 6.22, a current ratio of 6.80 and a debt-to-equity ratio of 0.25. The firm’s fifty day moving average price is $1.48 and its 200 day moving average price is $1.65. The stock has a market cap of $9.10 million, a PE ratio of -10.57 and a beta of 0.89.

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

About BT Brands

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.