FAT Brands (NASDAQ:FATBB) Receives “Sell (E+)” Rating from Weiss Ratings

FAT Brands (NASDAQ:FATBB)‘s stock had its “sell (e+)” rating reiterated by analysts at Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

FAT Brands Price Performance

Shares of NASDAQ:FATBB opened at $2.58 on Wednesday. The business’s 50 day moving average price is $2.59 and its 200-day moving average price is $2.62. The firm has a market capitalization of $46.07 million, a PE ratio of -0.20 and a beta of 0.99. FAT Brands has a 1 year low of $2.10 and a 1 year high of $8.00.

FAT Brands (NASDAQ:FATBB) last issued its quarterly earnings results on Thursday, July 31st. The company reported ($2.88) earnings per share (EPS) for the quarter. The firm had revenue of $146.84 million during the quarter.

About FAT Brands

FAT Brands Inc, a multi-brand restaurant franchising company, acquires, develops, markets, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts worldwide. It owns restaurant brands, including Round Table Pizza, Marble Slab Creamery, Great American Cookies, Hot Dog on a Stick, Pretzelmaker, Fazoli's, Fatburger, Johnny Rockets, Elevation Burger, Yalla Mediterranean, Buffalo's Cafe and Buffalo's Express, Hurricane Grill & Wings, Ponderosa Steakhouse/Bonanza Steakhouse, Native Grill & Wings, Smokey Bones, and Twin Peaks.