BT Brands (NASDAQ:BTBD) Posts Quarterly Earnings Results

BT Brands (NASDAQ:BTBDGet Free Report) issued its quarterly earnings data on Thursday. The company reported ($0.12) earnings per share (EPS) for the quarter, Zacks reports. BT Brands had a negative net margin of 8.47% and a negative return on equity of 15.90%. The company had revenue of $2.84 million during the quarter.

BT Brands Stock Down 2.7%

Shares of BTBD stock traded down $0.03 during trading hours on Friday, reaching $1.08. The company had a trading volume of 72,928 shares, compared to its average volume of 303,589. The company has a debt-to-equity ratio of 0.30, a quick ratio of 4.18 and a current ratio of 4.84. BT Brands has a twelve month low of $1.00 and a twelve month high of $5.60. The company has a market capitalization of $6.65 million, a P/E ratio of -6.35 and a beta of 0.66. The stock’s fifty day simple moving average is $1.66 and its 200 day simple moving average is $1.53.

Institutional Investors Weigh In On BT Brands

A hedge fund recently raised its stake in BT Brands stock. DRW Securities LLC increased its stake in BT Brands, Inc. (NASDAQ:BTBDFree Report) by 758.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 126,396 shares of the company’s stock after buying an additional 111,679 shares during the quarter. DRW Securities LLC owned about 2.06% of BT Brands worth $176,000 as of its most recent filing with the SEC. 0.44% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

BTBD has been the topic of several recent analyst reports. Weiss Ratings downgraded BT Brands from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, May 6th. Wall Street Zen upgraded BT Brands to a “sell” rating in a research report on Saturday, May 2nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has an average rating of “Sell”.

Check Out Our Latest Analysis on BTBD

About BT Brands

(Get Free Report)

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.

Further Reading

Earnings History for BT Brands (NASDAQ:BTBD)

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