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.

Institutional investors have recently added to or reduced their stakes in the business. Private Advisor Group LLC bought a new position in FAT Brands in the fourth quarter valued at about $47,000. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of FAT Brands during the fourth quarter valued at about $48,000. Vanguard Group Inc acquired a new stake in shares of FAT Brands during the third quarter valued at about $143,000. Vanguard Group Inc. acquired a new stake in shares of FAT Brands during the third quarter valued at about $143,000. Finally, Granite Investment Partners LLC boosted its stake in shares of FAT Brands by 92.8% during the first quarter. Granite Investment Partners LLC now owns 108,042 shares of the company’s stock valued at $555,000 after purchasing an additional 52,017 shares in the last quarter. Hedge funds and other institutional investors own 1.83% of the company’s stock.

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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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