BAB (OTCMKTS:BABB) Share Price Passes Below 200-Day Moving Average – Should You Sell?

BAB, Inc. (OTCMKTS:BABB)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.81 and traded as low as $0.76. BAB shares last traded at $0.84, with a volume of 26,720 shares traded.

BAB Stock Performance

The company has a 50-day moving average of $0.83 and a 200 day moving average of $0.81. The firm has a market cap of $6.09 million, a P/E ratio of 11.97 and a beta of 0.03.

BAB (OTCMKTS:BABB) last posted its earnings results on Friday, October 4th. The company reported $0.02 earnings per share for the quarter. BAB had a net margin of 15.28% and a return on equity of 16.96%. The business had revenue of $0.87 million for the quarter.

BAB Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Monday, December 23rd will be issued a $0.02 dividend. This is an increase from BAB’s previous quarterly dividend of $0.01. This represents a $0.08 annualized dividend and a dividend yield of 9.55%. The ex-dividend date is Monday, December 23rd. BAB’s payout ratio is presently 57.14%.

BAB Company Profile

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.