BT Brands (NASDAQ:BTBD) Announces Quarterly Earnings Results

BT Brands (NASDAQ:BTBD) issued its quarterly earnings results on Thursday. The company reported ($0.02) earnings per share (EPS) for the quarter, Zacks reports. BT Brands had a negative return on equity of 8.99% and a negative net margin of 4.57%.

BT Brands Stock Performance

Shares of NASDAQ:BTBD opened at $1.57 on Friday. The company has a current ratio of 4.48, a quick ratio of 3.99 and a debt-to-equity ratio of 0.28. BT Brands has a 12 month low of $1.03 and a 12 month high of $2.48. The company has a market capitalization of $9.70 million, a price-to-earnings ratio of -17.43 and a beta of 0.52. The firm’s 50-day moving average is $1.74 and its 200 day moving average is $1.45.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of BT Brands from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, October 6th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, BT Brands presently has an average rating of “Sell”.

BT Brands Company Profile

BT Brands, Inc. is a restaurant holding company that owns and operates franchised and company-operated restaurants in the United States. Its portfolio includes Burger Time restaurants, which offer quick-service hamburgers, sandwiches, fries, shakes and other menu items. The company has also operated restaurants under additional concepts, including Boss’ Pizza and Chicken, a fast-casual chain serving pizza, chicken and related food products. BT Brands’ operations have been concentrated in the Upper Midwest and other select U.S. markets, including North Dakota, Minnesota, Montana and Oregon.