BAB (OTCMKTS:BABB) Shares Pass Below 200 Day Moving Average – Here’s What Happened

BAB, Inc. (OTCMKTS:BABB) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.81 and traded as low as $0.81. BAB shares last traded at $0.85, with a volume of 5,900 shares.

BAB Price Performance

The firm has a market cap of $6.14 million, a PE ratio of 12.08 and a beta of 0.02. The stock has a 50 day simple moving average of $0.83 and a 200-day simple moving average of $0.81.

BAB Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Monday, December 23rd were paid a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 9.46%. This is an increase from BAB’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Monday, December 23rd. BAB’s dividend payout ratio (DPR) is currently 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.