Isn't BT Brands at $1.690
9/6/2024 07:00am
**BT Brands' Current Price and Financial Analysis**
1. **Price Analysis**: BT Brands, Inc. (BTBD) currently has a price of $1.690.
- **Comparison with $1.55 Target**: This is higher than the price target of $1.55 that was mentioned earlier.
- **Market Performance**: The stock has shown a day range between $1.4600 and $1.6900, with a 52-week range of $1.2500 to $3.0500.
2. **Financial Metrics**:
- **P/B Ratio**: Price to Book (P/B) Ratio is 1.11, indicating that the market values the company at a premium compared to its book value.
- **Market Capitalization**: The market capitalization is $8.43 million with 6,246,118 shares outstanding.
- **Revenue**: The company's revenue is $14.2 million.
- **Net Income**: BTBD has a net income of -$1.19 million, reflecting a loss for the period.
- **EPS**: The earnings per share (EPS) is -$0.191, contributing to the negative net income.
3. **Sentiment and Price Prediction**:
- **Positive Sentiment**: Despite the negative income, the company's stock price is currently above the mentioned price target, suggesting a positive sentiment among investors.
- **Technical Analysis**: The stock price has been trading within a range, and any significant deviation from this range could signal a potential trend change.
4. **Investment Consideration**: While the financials show a loss for the period, the stock price performance and the premium valuation suggest a bullish market sentiment. Investors should consider the company's growth prospects, market position, and the reasons behind the stock's performance.
In summary, BT Brands currently trades above the previously mentioned price target, indicating a positive sentiment. However, investors should look beyond the current price and consider the company's financial health, market position, and growth prospects before making investment decisions.