FAT Brands (NASDAQ:FATBP) Trading 0.9% Higher – Time to Buy?

Shares of FAT Brands Inc. (NASDAQ:FATBPGet Free Report) were up 0.9% on Monday . The stock traded as high as $2.41 and last traded at $2.32. Approximately 69,953 shares changed hands during trading, an increase of 143% from the average daily volume of 28,838 shares. The stock had previously closed at $2.30.

FAT Brands Stock Up 0.9%

The stock has a 50 day moving average of $2.42 and a 200-day moving average of $3.89.

About FAT Brands

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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.

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