FAT Brands (NASDAQ:FATBW) Trading Down 3.1% – What’s Next?

Shares of FAT Brands Inc. (NASDAQ:FATBWGet Free Report) were down 3.1% during trading on Monday . The company traded as low as $3.08 and last traded at $3.08. Approximately 26,087 shares were traded during trading, an increase of 549% from the average daily volume of 4,017 shares. The stock had previously closed at $3.18.

FAT Brands Price Performance

The company’s fifty day simple moving average is $2.89 and its 200 day simple moving average is $2.89.

About FAT Brands

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FAT Brands Inc, a multi-brand restaurant franchising company, acquires, develops, markets, and manages quick service, fast casual, casual dining, and polished casual dining restaurant concepts worldwide. It owns restaurant brands, including Round Table Pizza, Marble Slab Creamery, Great American Cookies, Hot Dog on a Stick, Pretzelmaker, Fazoli's, Fatburger, Johnny Rockets, Elevation Burger, Yalla Mediterranean, Buffalo's Cafe and Buffalo's Express, Hurricane Grill & Wings, Ponderosa Steakhouse/Bonanza Steakhouse, Native Grill & Wings, Smokey Bones, and Twin Peaks.

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