FAT Brands (NASDAQ:FATBB) Releases Earnings Results

FAT Brands (NASDAQ:FATBB) issued its quarterly earnings results on Wednesday. The company reported ($3.39) EPS for the quarter, Zacks reports.

FAT Brands Stock Performance

NASDAQ FATBB traded up $0.06 on Wednesday, hitting $2.27. 1,218 shares of the stock traded hands, compared to its average volume of 5,636. The business’s fifty day moving average is $2.51 and its two-hundred day moving average is $2.59. FAT Brands has a 12 month low of $2.10 and a 12 month high of $8.00. The firm has a market capitalization of $40.61 million, a price-to-earnings ratio of -0.18 and a beta of 0.97.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of FAT Brands in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, FAT Brands has a consensus rating of “Sell”.

FAT Brands Company Profile

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.