BAB, Inc. (OTCMKTS:BABB – Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $0.81 and traded as low as $0.81. BAB shares last traded at $0.85, with a volume of 5,900 shares changing hands.
BAB Stock Up 4.4 %
The firm has a market capitalization of $6.14 million, a PE ratio of 12.08 and a beta of 0.02. The stock has a 50-day simple moving average of $0.83 and a 200-day simple moving average of $0.81.
BAB Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.02 per share. This is an increase from BAB’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $0.08 annualized dividend and a dividend yield of 9.46%. BAB’s dividend payout ratio 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.
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