BT Brands (NASDAQ:BTBD) Posts Quarterly Earnings Results

BT Brands (NASDAQ:BTBD) issued its quarterly earnings data on Thursday. The company reported ($0.02) EPS for the quarter, Zacks reports. BT Brands had a negative net margin of 4.57% and a negative return on equity of 8.99%.

BT Brands Stock Performance

NASDAQ BTBD traded up $0.11 during trading hours on Thursday, reaching $1.57. The stock had a trading volume of 17,882 shares, compared to its average volume of 295,043. BT Brands has a 52-week low of $1.03 and a 52-week high of $2.48. The stock has a fifty day moving average of $1.74 and a 200 day moving average of $1.45. The company has a debt-to-equity ratio of 0.28, a quick ratio of 3.99 and a current ratio of 4.48. The stock has a market cap of $9.70 million, a P/E ratio of -17.43 and a beta of 0.52.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded BT Brands from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, October 6th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

BT Brands Company Profile

BT Brands, Inc. is a restaurant holding company that owns and operates franchised and company-operated restaurants in the United States. Its portfolio includes Burger Time restaurants, which offer quick-service hamburgers, sandwiches, fries, shakes and other menu items. The company has also operated restaurants under additional concepts, including Boss’ Pizza and Chicken, a fast-casual chain serving pizza, chicken and related food products. BT Brands’ operations have been concentrated in the Upper Midwest and other select U.S. markets, including North Dakota, Minnesota, Montana and Oregon.