BT Brands (NASDAQ:BTBD) Shares Down 12.6% – Here’s Why

BT Brands, Inc. (NASDAQ:BTBD) shares traded down 12.6% during mid-day trading on Thursday . The company traded as low as $1.25 and last traded at $1.25. 86 shares changed hands during trading, a decline of 99% from the average session volume of 7,852 shares. The stock had previously closed at $1.43.

BT Brands Stock Performance

The company’s 50 day simple moving average is $1.19 and its 200 day simple moving average is $1.44. The stock has a market cap of $7.69 million, a PE ratio of -5.68 and a beta of 0.81. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.74 and a current ratio of 3.94.

BT Brands (NASDAQ:BTBD) last announced its quarterly earnings data on Thursday, May 15th. The company reported ($0.05) EPS for the quarter. BT Brands had a negative return on equity of 15.31% and a negative net margin of 9.20%.

About BT Brands

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.