(VIANEWS) – Shares of FAT Brands (NASDAQ: FAT) slid by a staggering 16.74% in 5 sessions from $6.57 at -16.74, to $5.47 at 11:38 EST on Thursday, after four consecutive sessions in a row of losses. NASDAQ is jumping 1.07% to $12,634.83, following the last session’s upward trend.
FAT Brands’s last close was $5.45, 45.5% below its 52-week high of $10.00.
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.
Dividend Yield
As maintained by Morningstar, Inc., the next dividend payment is on May 11, 2023, the estimated forward annual dividend rate is 0.56 and the estimated forward annual dividend yield is 8.52%.
Sales Growth
FAT Brands’s sales growth is 3.9% for the ongoing quarter and 5.1% for the next.
Volume
Today’s last reported volume for FAT Brands is 11089 which is 32.7% below its average volume of 15185.
Moving Average
FAT Brands’s value is way under its 50-day moving average of $6.67 and way below its 200-day moving average of $7.22.
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