Nathan’s Famous (NASDAQ:NATH – Get Free Report) issued its quarterly earnings results on Thursday. The restaurant operator reported $1.10 earnings per share for the quarter, Zacks reports. Nathan’s Famous had a net margin of 15.18% and a negative return on equity of 76.12%.
Nathan’s Famous Stock Up 3.6 %
Shares of NASDAQ NATH traded up $3.00 during midday trading on Thursday, reaching $86.41. 5,556 shares of the stock were exchanged, compared to its average volume of 8,546. The firm has a 50-day simple moving average of $81.42 and a two-hundred day simple moving average of $80.46. Nathan’s Famous has a twelve month low of $64.02 and a twelve month high of $94.97. The firm has a market cap of $352.53 million, a price-to-earnings ratio of 16.04 and a beta of 0.25.
Analyst Upgrades and Downgrades
Separately, StockNews.com upgraded shares of Nathan’s Famous from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 1st.
About Nathan’s Famous
Nathan’s Famous, Inc engages in the operation of franchised fast-food units. It is involved in the licensing, wholesaling, and retailing of products marketed under the Nathan’s Famous brand. The firm operates through the following business segments: Branded Product Program, Product Licensing, Restaurant Operations, and Corporate.
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