BAB (OTCMKTS:BABB) Stock Price Crosses Below Two Hundred Day Moving Average of $0.79

BAB, Inc. (OTCMKTS:BABB)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.79 and traded as low as $0.77. BAB shares last traded at $0.77, with a volume of 450 shares traded.

BAB Price Performance

The firm’s 50-day moving average is $0.81 and its 200 day moving average is $0.79.

BAB (OTCMKTS:BABB) last issued its quarterly earnings results on Wednesday, July 3rd. The company reported $0.02 EPS for the quarter. The company had revenue of $0.88 million for the quarter. BAB had a return on equity of 17.45% and a net margin of 15.23%.

BAB Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 11th. Shareholders of record on Monday, September 23rd will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 5.19%. The ex-dividend date of this dividend is Monday, September 23rd. BAB’s dividend payout ratio (DPR) is currently 57.15%.

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.