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

BAB, Inc. (OTCMKTS:BABB)’s stock price 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.

BAB Stock Performance

The stock has a fifty day moving average of $0.83 and a 200 day moving average of $0.81. The company has a market capitalization of $6.14 million, a P/E ratio of 12.08 and a beta of 0.02.

BAB Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 9th. Shareholders of record on Monday, December 23rd were paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 9.46%. The ex-dividend date of this dividend was Monday, December 23rd. This is a positive change from BAB’s previous quarterly dividend of $0.01. 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.