BT Brands (NASDAQ:BTBD) Trading Down 1.1% – Here’s Why

BT Brands, Inc. (NASDAQ:BTBD)’s stock price dropped 1.1% during mid-day trading on Wednesday . The company traded as low as $1.86 and last traded at $1.86. Approximately 92,084 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 929,568 shares. The stock had previously closed at $1.88.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of BT Brands in a research note on Wednesday. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

BT Brands Trading Down 1.1%

The company has a current ratio of 4.67, a quick ratio of 4.22 and a debt-to-equity ratio of 0.29. The business’s fifty day simple moving average is $1.88 and its two-hundred day simple moving average is $1.46. The stock has a market capitalization of $11.45 million, a P/E ratio of -5.64 and a beta of 0.88.

BT Brands (NASDAQ:BTBD) last issued its quarterly earnings results on Monday, August 18th. The company reported $0.01 earnings per share for the quarter. BT Brands had a negative net margin of 14.25% and a negative return on equity of 23.49%. The firm had revenue of $3.78 million during the quarter.

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.