Nathan’s Famous (NASDAQ:NATH – Get Free Report) was upgraded by equities researchers at StockNews.com from a “buy” rating to a “strong-buy” rating in a report released on Friday.
Nathan’s Famous Trading Up 0.3 %
NASDAQ NATH traded up $0.20 on Friday, hitting $72.85. 8,198 shares of the company were exchanged, compared to its average volume of 5,708. The company has a market cap of $297.59 million, a PE ratio of 15.15 and a beta of 0.23. The stock has a fifty day moving average of $70.41 and a 200-day moving average of $68.93. Nathan’s Famous has a 12 month low of $61.35 and a 12 month high of $79.75.
Nathan’s Famous (NASDAQ:NATH – Get Free Report) last released its quarterly earnings data on Wednesday, June 12th. The restaurant operator reported $0.96 earnings per share (EPS) for the quarter. Nathan’s Famous had a net margin of 14.15% and a negative return on equity of 55.06%. The company had revenue of $28.99 million for the quarter.
Institutional Inflows and Outflows
About Nathan’s Famous
Nathan's Famous, Inc, together with its subsidiaries, operates in the foodservice industry. The company owns and franchises restaurants under the Nathan's Famous brand name, as well as sells products bearing the Nathan's Famous trademarks through various channels of distribution. It also has license agreements for the manufacture, distribution, marketing, and sale of Nathan's Famous branded hot dogs, sausages, and corned beef products in refrigerated consumer packages to be resold through retail channels, such as supermarkets, groceries, mass merchandisers, and club stores; and other Nathan's Famous branded refrigerated meat products in consumer packages to be resold through retail channels.
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