BT Brands (NASDAQ:BTBD – Get Free Report) posted its quarterly earnings results on Monday. The company reported $0.09 earnings per share for the quarter, Zacks reports. BT Brands had a negative net margin of 8.47% and a negative return on equity of 16.67%.
BT Brands Price Performance
BTBD traded down $0.05 during midday trading on Monday, reaching $1.22. 27,625 shares of the company’s stock were exchanged, compared to its average volume of 403,342. BT Brands has a 1-year low of $1.03 and a 1-year high of $4.50. The stock has a market capitalization of $7.54 million, a PE ratio of -7.18 and a beta of 0.51. The company has a debt-to-equity ratio of 0.33, a current ratio of 4.11 and a quick ratio of 3.48. The business’s 50-day moving average price is $1.14 and its 200 day moving average price is $1.35.
Institutional Investors Weigh In On BT Brands
An institutional investor recently raised its stake in BT Brands stock. DRW Securities LLC grew its stake in shares of BT Brands, Inc. (NASDAQ:BTBD – Free Report) by 758.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 126,396 shares of the company’s stock after buying an additional 111,679 shares during the period. DRW Securities LLC owned 2.06% of BT Brands worth $176,000 at the end of the most recent reporting period. 0.44% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
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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.
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