FAT Brands (NASDAQ:FATBB) Trading Down 1% – Here’s Why

FAT Brands Inc. (NASDAQ:FATBBGet Free Report) traded down 1% during trading on Tuesday . The stock traded as low as $2.67 and last traded at $2.62. 1,605 shares changed hands during trading, a decline of 76% from the average session volume of 6,583 shares. The stock had previously closed at $2.65.

FAT Brands Stock Down 1.0%

The stock has a market cap of $46.76 million, a price-to-earnings ratio of -0.22 and a beta of 1.00. The company has a 50 day simple moving average of $2.61 and a 200 day simple moving average of $3.27.

FAT Brands (NASDAQ:FATBBGet Free Report) last issued its earnings results on Thursday, May 8th. The company reported ($2.73) EPS for the quarter. The business had revenue of $142.02 million during the quarter.

About FAT Brands

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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.

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