BAB (OTCMKTS:BABB) Shares Pass Below 200-Day Moving Average – Here’s Why

BAB Inc. (OTCMKTS:BABBGet Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.93 and traded as low as $0.8488. BAB shares last traded at $0.8488, with a volume of 1,250 shares.

BAB Stock Up 1.0%

The company has a market capitalization of $6.16 million, a price-to-earnings ratio of 10.61 and a beta of 0.17. The business’s 50-day moving average is $0.90 and its 200-day moving average is $0.93.

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

About BAB

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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.

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