BT Brands (NASDAQ:BTBD) Announces Quarterly Earnings Results

BT Brands (NASDAQ:BTBD) released its quarterly earnings results on Tuesday. The company reported ($0.21) earnings per share (EPS) for the quarter, FiscalAI reports. BT Brands had a negative net margin of 6.67% and a negative return on equity of 8.02%.

BT Brands Price Performance

NASDAQ:BTBD opened at $1.58 on Tuesday. The company has a quick ratio of 6.22, a current ratio of 6.80 and a debt-to-equity ratio of 0.25. The business’s 50-day simple moving average is $1.39 and its two-hundred day simple moving average is $1.55. The stock has a market cap of $9.72 million, a PE ratio of -11.29 and a beta of 0.89. BT Brands has a 52 week low of $1.00 and a 52 week high of $5.60.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of BT Brands in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Institutional Trading of BT Brands

A hedge fund recently raised its stake in BT Brands stock. DRW Securities LLC boosted its holdings in shares of BT Brands, Inc. (NASDAQ:BTBD) by 758.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 126,396 shares of the company’s stock after purchasing an additional 111,679 shares during the quarter. DRW Securities LLC owned about 2.06% of BT Brands worth $176,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 0.44% of the company’s stock.

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.