BT Brands (NASDAQ:BTBD) Posts Earnings Results

BT Brands (NASDAQ:BTBD) announced its quarterly earnings results on Thursday. The company reported ($0.02) earnings per share for the quarter, Zacks reports. BT Brands had a negative net margin of 4.57% and a negative return on equity of 8.99%.

BT Brands Stock Performance

NASDAQ BTBD traded up $0.11 during trading hours on Thursday, hitting $1.57. The company’s stock had a trading volume of 17,882 shares, compared to its average volume of 295,043. BT Brands has a 12 month low of $1.03 and a 12 month high of $2.48. The company’s 50 day simple moving average is $1.74 and its two-hundred day simple moving average is $1.45. The company has a market cap of $9.70 million, a P/E ratio of -17.43 and a beta of 0.52. The company has a debt-to-equity ratio of 0.28, a current ratio of 4.48 and a quick ratio of 3.99.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of BT Brands from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, October 6th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

BT Brands Company Profile

BT Brands, Inc. is a restaurant holding company that owns and operates franchised and company-operated restaurants in the United States. Its portfolio includes Burger Time restaurants, which offer quick-service hamburgers, sandwiches, fries, shakes and other menu items. The company has also operated restaurants under additional concepts, including Boss’ Pizza and Chicken, a fast-casual chain serving pizza, chicken and related food products. BT Brands’ operations have been concentrated in the Upper Midwest and other select U.S. markets, including North Dakota, Minnesota, Montana and Oregon.