FAT Brands Inc (NASDAQ:FAT) Director John Squire Junger bought 5,000 shares of the business’s stock in a transaction dated Friday, August 16th. The stock was acquired at an average cost of $3.82 per share, for a total transaction of $19,100.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of FAT Brands stock opened at $3.97 on Thursday. The firm’s fifty day simple moving average is $3.86 and its 200-day simple moving average is $4.73. FAT Brands Inc has a 12 month low of $3.51 and a 12 month high of $9.68. The company has a quick ratio of 0.22, a current ratio of 0.22 and a debt-to-equity ratio of 1.29.
FAT Brands (NASDAQ:FAT) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($0.04) earnings per share for the quarter. FAT Brands had a negative net margin of 18.01% and a negative return on equity of 64.26%. The firm had revenue of $5.90 million during the quarter.
About FAT Brands
FAT Brands Inc, a multi-brand franchising company, acquires, markets, and develops fast casual and casual dining restaurant concepts. As of April 22, 2019, it owned 7 restaurant brands, including Fatburger, Buffalo's Cafe, Buffalo's Express, Hurricane Grill & Wings, Yalla Mediterranean, Ponderosa Steakhouse, and Bonanza Steakhouse with approximately 300 locations open and 200 under development worldwide.
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