BT Brands (NASDAQ:BTBD) Shares Up 4.7% – Should You Buy?

Shares of BT Brands, Inc. (NASDAQ:BTBD) rose 4.7% during trading on Tuesday . The stock traded as high as $1.29 and last traded at $1.23. 233,037 shares were traded during trading, an increase of 956% from the average daily volume of 22,060 shares. The stock had previously closed at $1.1750.

Wall Street Analyst Weigh In

Several research analysts have issued reports on BTBD shares. Wall Street Zen raised shares of BT Brands from a “sell” rating to a “hold” rating in a report on Saturday, May 23rd. Weiss Ratings lowered shares of BT Brands from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, June 11th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock presently has a consensus rating of “Sell”.

BT Brands Stock Performance

The firm’s 50 day simple moving average is $1.12 and its 200 day simple moving average is $1.36. The firm has a market cap of $7.55 million, a PE ratio of -7.18 and a beta of 0.51. The company has a current ratio of 4.11, a quick ratio of 3.48 and a debt-to-equity ratio of 0.33.

BT Brands (NASDAQ:BTBD) last released its quarterly earnings data on Monday, May 18th. The company reported ($0.12) earnings per share (EPS) for the quarter. BT Brands had a negative return on equity of 16.67% and a negative net margin of 8.47%.The firm had revenue of $2.84 million during the quarter.

Hedge Funds Weigh In On BT Brands

An institutional investor recently raised its position in BT Brands stock. DRW Securities LLC boosted its position in shares of BT Brands, Inc. (NASDAQ:BTBD) by 758.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 126,396 shares of the company’s stock after buying an additional 111,679 shares during the quarter. DRW Securities LLC owned 2.06% of BT Brands worth $176,000 as of its most recent filing with the Securities & Exchange Commission. 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.