FAT Brands (NASDAQ:FATBP) Stock Price Down 0.4% – Here’s Why

FAT Brands Inc. (NASDAQ:FATBPGet Free Report)’s stock price was down 0.4% during mid-day trading on Tuesday . The stock traded as low as $2.30 and last traded at $2.35. Approximately 5,586 shares changed hands during trading, a decline of 80% from the average daily volume of 27,752 shares. The stock had previously closed at $2.36.

FAT Brands Stock Performance

The company has a 50-day moving average of $2.32 and a 200-day moving average of $3.26.

FAT Brands (NASDAQ:FATBPGet Free Report) last announced its earnings results on Monday, March 21st. The company reported ($0.48) earnings per share (EPS) for the quarter. The company had revenue of $6.50 million during the quarter.

About FAT Brands

(Get Free Report)

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.

Further Reading

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