BT Brands, Inc. (NASDAQ:BTBD – Get Free Report) saw a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 5,273 shares, a decline of 80.7% from the October 15th total of 27,267 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 12,858 shares, the days-to-cover ratio is currently 0.4 days.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings upgraded shares of BT Brands from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, October 6th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company currently has an average rating of “Sell”.
Check Out Our Latest Stock Report on BT Brands
BT Brands Stock Performance
BT Brands stock traded up $0.12 during trading on Thursday, hitting $1.58. The stock had a trading volume of 17,250 shares, compared to its average volume of 295,040. The company has a quick ratio of 3.99, a current ratio of 4.48 and a debt-to-equity ratio of 0.28. The stock’s 50 day moving average is $1.74 and its two-hundred day moving average is $1.45. BT Brands has a 1 year low of $1.03 and a 1 year high of $2.48. The stock has a market cap of $9.77 million, a price-to-earnings ratio of -17.56 and a beta of 0.52.
BT Brands (NASDAQ:BTBD – Get Free Report) last posted its quarterly earnings results on Monday, August 17th. The company reported $0.09 earnings per share for the quarter. BT Brands had a negative return on equity of 8.99% and a negative net margin of 4.57%. The company had revenue of $3.55 million during the quarter.
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.
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