BT Brands (NASDAQ:BTBD) Posts Earnings Results

BT Brands (NASDAQ:BTBD) posted its quarterly earnings results on Monday. The company reported $0.09 earnings per share (EPS) for the quarter, Zacks reports. BT Brands had a negative net margin of 8.47% and a negative return on equity of 16.67%. The business had revenue of $3.55 million during the quarter.

BT Brands Price Performance

Shares of BTBD opened at $1.26 on Wednesday. The firm has a market cap of $7.79 million, a PE ratio of -14.00 and a beta of 0.51. The firm’s 50 day moving average price is $1.14 and its 200 day moving average price is $1.35. The company has a debt-to-equity ratio of 0.33, a quick ratio of 3.48 and a current ratio of 4.11. BT Brands has a twelve month low of $1.03 and a twelve month high of $4.50.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On BT Brands

A hedge fund recently raised its position 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 disclosure with the Securities and Exchange Commission (SEC). The fund owned 126,396 shares of the company’s stock after buying 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. 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.