BAB (OTCMKTS:BABB) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

BAB, Inc. (OTCMKTS:BABB)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.82 and traded as low as $0.78. BAB shares last traded at $0.80, with a volume of 51,517 shares changing hands.

BAB Stock Down 7.0 %

The business has a fifty day simple moving average of $0.86 and a 200 day simple moving average of $0.82. The company has a market cap of $5.81 million, a price-to-earnings ratio of 13.34 and a beta of 0.01.

BAB (OTCMKTS:BABB) last announced its quarterly earnings results on Tuesday, February 18th. The company reported $0.01 earnings per share for the quarter. BAB had a return on equity of 16.39% and a net margin of 14.84%. The business had revenue of $0.95 million during the quarter.

BAB Company Profile

BAB, Inc franchises and licenses bagel and muffin retail units under the Big Apple Bagels (BAB), My Favorite Muffin (MFM), and SweetDuet (SD) trade names in the United States. It's BAB franchised brand includes daily baked bagels, flavored cream cheeses, premium coffees, gourmet bagel sandwiches, and other related products; and MFM brand comprises various freshly baked muffins and coffees, as well as units operating as My Favorite Muffin Your All Day Bakery Café features specialty bagel sandwiches and related products.