(VIANEWS) – Shares of FAT Brands (NASDAQ: FAT) rose by a staggering 16.76% in 5 sessions from $5.55 at 16.76, to $6.48 at 14:54 EST on Thursday, after three successive sessions in a row of gains. NASDAQ is jumping 0.01% to $12,307.94, following the last session’s upward trend.
FAT Brands’s last close was $6.15, 38.5% 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 $-7.74.
Revenue Growth
Year-on-year quarterly revenue growth grew by 39.9%, now sitting on 407.22M for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, FAT Brands’s stock is considered to be oversold (<=20).
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