BAB (OTCMKTS:BABB) Stock Passes Below 200-Day Moving Average – Here’s Why

BAB, Inc. (OTCMKTS:BABB) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.83 and traded as low as $0.79. BAB shares last traded at $0.79, with a volume of 7,876 shares changing hands.

BAB Stock Performance

The company has a market cap of $5.74 million, a PE ratio of 13.17 and a beta of -0.01. The company has a fifty day moving average of $0.82 and a two-hundred day moving average of $0.83.

BAB (OTCMKTS:BABB) last released its earnings results on Wednesday, April 2nd. The company reported $0.02 earnings per share (EPS) for the quarter. BAB had a net margin of 14.84% and a return on equity of 16.39%. The firm had revenue of $0.76 million during the quarter.

BAB Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 14th. Stockholders of record on Monday, March 24th were issued a $0.01 dividend. The ex-dividend date was Monday, March 24th. This represents a $0.04 annualized dividend and a dividend yield of 5.06%. BAB’s payout ratio is 57.14%.

BAB Company Profile

BAB, Inc franchises and licenses bagel and muffin retail units under the Big Apple Bagels (BAB), My Favorite Muffin (MFM), and SweetDuet (SD) trade names in the United States. It's BAB franchised brand includes daily baked bagels, flavored cream cheeses, premium coffees, gourmet bagel sandwiches, and other related products; and MFM brand comprises various freshly baked muffins and coffees, as well as units operating as My Favorite Muffin Your All Day Bakery Café features specialty bagel sandwiches and related products.