BT Brands (NASDAQ:BTBD) Upgraded by Wall Street Zen to “Sell” Rating

Wall Street Zen upgraded shares of BT Brands (NASDAQ:BTBD) to a sell rating in a research report report published on Saturday morning.

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of BT Brands in a research report on Monday, April 20th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

BT Brands Price Performance

Shares of NASDAQ:BTBD opened at $1.95 on Friday. The company has a quick ratio of 4.18, a current ratio of 4.84 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $11.99 million, a PE ratio of -19.50 and a beta of 0.66. BT Brands has a twelve month low of $1.00 and a twelve month high of $5.60. The company has a 50-day moving average price of $1.65 and a two-hundred day moving average price of $1.56.

BT Brands (NASDAQ:BTBD) last issued its earnings results on Tuesday, March 31st. The company reported ($0.21) earnings per share for the quarter. BT Brands had a negative return on equity of 9.97% and a negative net margin of 5.10%.

Hedge Funds Weigh In On BT Brands

An institutional investor recently raised its position in BT Brands stock. DRW Securities LLC grew its stake in shares of BT Brands, Inc. (NASDAQ:BTBD) by 758.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor 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 at the end of the most recent quarter. 0.44% of the stock is currently owned by institutional investors and hedge funds.

BT Brands Company Profile

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.