BAB (OTCMKTS:BABB) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

BAB Inc. (OTCMKTS:BABB) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.93 and traded as low as $0.83. BAB shares last traded at $0.8373, with a volume of 2,568 shares changing hands.

BAB Stock Performance

The company has a market capitalization of $6.08 million, a PE ratio of 9.30 and a beta of 0.17. The company has a 50 day moving average price of $0.89 and a 200 day moving average price of $0.93.

BAB (OTCMKTS:BABB) last issued its quarterly earnings results on Friday, July 10th. The company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $0.80 million during the quarter. BAB had a net margin of 17.49% and a return on equity of 17.16%.

About BAB

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.