BAB (OTCMKTS:BABB) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

BAB, Inc. (OTCMKTS:BABB)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.81 and traded as low as $0.76. BAB shares last traded at $0.84, with a volume of 26,720 shares traded.

BAB Price Performance

The company has a market cap of $5.97 million, a price-to-earnings ratio of 11.75 and a beta of 0.03. The firm’s 50 day simple moving average is $0.83 and its 200-day simple moving average is $0.81.

BAB (OTCMKTS:BABB) last announced its earnings results on Friday, October 4th. The company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $0.87 million for the quarter. BAB had a net margin of 15.28% and a return on equity of 16.96%.

BAB Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 9th. Shareholders of record on Monday, December 23rd will be given a dividend of $0.02 per share. This is an increase from BAB’s previous quarterly dividend of $0.01. This represents a $0.08 annualized dividend and a yield of 9.73%. The ex-dividend date is Monday, December 23rd. BAB’s dividend payout ratio (DPR) is presently 57.14%.

About BAB

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.