BAB (OTCMKTS:BABB) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

BAB Inc. (OTCMKTS:BABB)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.93 and traded as high as $0.9416. BAB shares last traded at $0.9416, with a volume of 1,000 shares traded.

BAB Stock Performance

The company’s 50-day moving average price is $0.93 and its 200 day moving average price is $0.93. The stock has a market capitalization of $6.84 million, a PE ratio of 11.77 and a beta of 0.18.

BAB (OTCMKTS:BABB) last issued its quarterly earnings results on Thursday, April 9th. The company reported $0.02 earnings per share (EPS) for the quarter. The company had revenue of $0.72 million during the quarter. BAB had a net margin of 16.50% and a return on equity of 16.48%.

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.