BT Brands (NASDAQ:BTBD) Announces Earnings Results

BT Brands (NASDAQ:BTBD) posted its quarterly earnings results on Monday. The company reported $0.09 earnings per share for the quarter, Zacks reports. BT Brands had a negative net margin of 8.47% and a negative return on equity of 16.67%.

BT Brands Price Performance

Shares of NASDAQ BTBD opened at $1.22 on Tuesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.48 and a current ratio of 4.11. The firm’s 50-day simple moving average is $1.14 and its 200 day simple moving average is $1.35. The stock has a market cap of $7.54 million, a price-to-earnings ratio of -7.18 and a beta of 0.51. BT Brands has a fifty-two week low of $1.03 and a fifty-two week high of $4.50.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on BTBD shares. Weiss Ratings cut shares of BT Brands from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Thursday, June 11th. Wall Street Zen raised BT Brands from a “sell” rating to a “hold” rating in a research report on Saturday, May 23rd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, BT Brands has an average rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently raised its position in BT Brands stock. DRW Securities LLC lifted its stake in shares of BT Brands, Inc. (NASDAQ:BTBD) by 758.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 126,396 shares of the company’s stock after buying an additional 111,679 shares during the period. DRW Securities LLC owned about 2.06% of BT Brands worth $176,000 at the end of the most recent quarter. 0.44% of the stock is currently owned by institutional investors and hedge funds.

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.