BAB (OTCMKTS:BABB) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

BAB, Inc. (OTCMKTS:BABB) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.83 and traded as low as $0.81. BAB shares last traded at $0.84, with a volume of 5,724 shares.

BAB Price Performance

The firm has a market capitalization of $6.10 million, a PE ratio of 13.99 and a beta of 0.01. The business’s 50-day moving average price is $0.86 and its 200-day moving average price is $0.83.

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

BAB Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 14th. Shareholders of record on Monday, March 24th will be issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 4.76%. The ex-dividend date of this dividend is Monday, March 24th. BAB’s dividend payout ratio (DPR) is currently 66.67%.

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.