BT Brands (NASDAQ:BTBD) Shares Down 2% – Here’s Why

BT Brands, Inc. (NASDAQ:BTBDGet Free Report) shares dropped 2% during mid-day trading on Thursday . The stock traded as low as $1.41 and last traded at $1.42. Approximately 1,491 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 11,484 shares. The stock had previously closed at $1.45.

BT Brands Trading Up 5.0 %

The stock has a 50-day simple moving average of $1.69 and a two-hundred day simple moving average of $1.63. The company has a debt-to-equity ratio of 0.25, a quick ratio of 3.74 and a current ratio of 3.94. The firm has a market cap of $9.11 million, a PE ratio of -6.73 and a beta of 0.54.

About BT Brands

(Get Free Report)

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.

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