FAT Brands (NASDAQ:FATBW) Shares Up 5.3% – Still a Buy?

FAT Brands Inc. (NASDAQ:FATBW) shot up 5.3% on Friday . The stock traded as high as $3.03 and last traded at $3.00. 3,481 shares changed hands during mid-day trading, a decline of 5% from the average session volume of 3,654 shares. The stock had previously closed at $2.85.

FAT Brands Price Performance

The business has a fifty day moving average of $2.71 and a 200-day moving average of $3.07.

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.