FAT Brands Already 14% Up, Almost Two Hours Before The Market Open

(VIANEWS) – The NASDAQ opens in less than two hours and FAT Brands‘s pre-market value is already 14.26% up.

FAT Brands’s last close was $5.95, 40.5% under its 52-week high of $10.00.

The last session, NASDAQ finished with FAT Brands (FAT) jumping 0.25% to $5.95. NASDAQ slid 0.63% to $12,935.29, following the last session’s downward trend on what was a somewhat bearish trend trading session.

About FAT Brands

FAT Brands Inc., a multi-brand restaurant 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, and Twin Peaks. The company was incorporated in 2017 and is headquartered in Beverly Hills, California. FAT Brands Inc. operates as a subsidiary of Fog Cutter Holdings, LLC.

Earnings Per Share

As for profitability, FAT Brands has a trailing twelve months EPS of $-8.16.

Moving Average

FAT Brands’s worth is way under its 50-day moving average of $6.67 and way below its 200-day moving average of $7.22.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is a negative 214% and a negative 9.9%, respectively.

More news about FAT Brands (FAT).

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