(VIANEWS) – Shares of FAT Brands (NASDAQ: FAT) jumped by a staggering 30.07% in 21 sessions from $5.42 at 2023-05-24, to $7.05 at 11:09 EST on Monday, after two successive sessions in a row of losses. NASDAQ is rising 0.59% to $13,572.33, following the last session’s downward trend.
FAT Brands’s last close was $7.21, 27.9% under 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 $-7.76.
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 7.7%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 8.5%, now sitting on 415.51M for the twelve trailing months.
Moving Average
FAT Brands’s value is way higher than its 50-day moving average of $6.16 and higher than its 200-day moving average of $6.85.
Growth Estimates Quarters
The company’s growth estimates for the current quarter and the next is a negative 214% and a negative 9.9%, respectively.
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