John Squire Junger Acquires 6,270 Shares of FAT Brands Inc (FAT) Stock
FAT Brands Inc (NASDAQ:FAT) Director John Squire Junger bought 6,270 shares of the firm’s stock in a transaction on Tuesday, May 21st. The stock was acquired at an average price of $4.74 per share, for a total transaction of $29,719.80. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
FAT Brands stock traded up $0.15 during midday trading on Friday, reaching $4.77. The company’s stock had a trading volume of 14,530 shares, compared to its average volume of 8,891. FAT Brands Inc has a 52 week low of $4.28 and a 52 week high of $9.68. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 3.94.
FAT Brands (NASDAQ:FAT) last released its earnings results on Tuesday, March 26th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.14 by ($0.37). FAT Brands had a negative net margin of 15.35% and a negative return on equity of 46.44%. The business had revenue of $5.01 million during the quarter.
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About FAT Brands
FAT Brands Inc, a multi-brand franchising company, acquires, markets, and develops fast casual and casual dining restaurant concepts. As of April 22, 2019, it owned 7 restaurant brands, including Fatburger, Buffalo's Cafe, Buffalo's Express, Hurricane Grill & Wings, Yalla Mediterranean, Ponderosa Steakhouse, and Bonanza Steakhouse with approximately 300 locations open and 200 under development worldwide.
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