Shares of FAT Brands Inc. (NASDAQ:FAT – Get Free Report) were up 1.7% during trading on Tuesday . The company traded as high as $7.17 and last traded at $7.15. Approximately 6,720 shares changed hands during trading, a decline of 68% from the average daily volume of 21,311 shares. The stock had previously closed at $7.03.
FAT Brands Trading Up 1.3 %
The company has a market capitalization of $112.81 million, a P/E ratio of -1.24 and a beta of 1.81. The business’s 50-day simple moving average is $8.01 and its 200 day simple moving average is $7.00.
FAT Brands (NASDAQ:FAT – Get Free Report) last released its quarterly earnings results on Thursday, March 7th. The company reported ($1.68) EPS for the quarter, missing analysts’ consensus estimates of ($1.55) by ($0.13). The business had revenue of $158.64 million for the quarter, compared to the consensus estimate of $150.00 million. As a group, sell-side analysts predict that FAT Brands Inc. will post -5.53 EPS for the current fiscal year.
Institutional Trading of FAT Brands
FAT Brands Company Profile
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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