BT Brands (NASDAQ:BTBD) Releases Earnings Results

BT Brands (NASDAQ:BTBD) issued its quarterly earnings results on Thursday. The company reported ($0.12) EPS for the quarter, Zacks reports. BT Brands had a negative return on equity of 9.97% and a negative net margin of 5.10%.

BT Brands Price Performance

BTBD stock remained flat at $1.11 during midday trading on Thursday. 52,721 shares of the company traded hands, compared to its average volume of 345,699. The company has a quick ratio of 4.18, a current ratio of 4.84 and a debt-to-equity ratio of 0.30. BT Brands has a 1-year low of $1.00 and a 1-year high of $5.60. The company’s fifty day moving average price is $1.66 and its two-hundred day moving average price is $1.54.

Hedge Funds Weigh In On BT Brands

An institutional investor recently raised its position in BT Brands stock. DRW Securities LLC boosted its position in BT Brands, Inc. (NASDAQ:BTBD) by 758.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 126,396 shares of the company’s stock after buying an additional 111,679 shares during the period. DRW Securities LLC owned approximately 2.06% of BT Brands worth $176,000 at the end of the most recent quarter. Institutional investors and hedge funds own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on BTBD. Weiss Ratings lowered shares of BT Brands from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, May 6th. Wall Street Zen upgraded shares of BT Brands to a “sell” rating in a report on Saturday, May 2nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

BT Brands Company Profile

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.