FAT Brands (NASDAQ:FATBW) Trading Down 1.3% – What’s Next?

FAT Brands Inc. (NASDAQ:FATBWGet Free Report) was down 1.3% during mid-day trading on Wednesday . The stock traded as low as $3.03 and last traded at $3.06. Approximately 500 shares traded hands during trading, an increase of 9% from the average daily volume of 460 shares. The stock had previously closed at $3.10.

FAT Brands Stock Performance

The firm’s 50-day simple moving average is $3.11 and its 200 day simple moving average is $2.88.

FAT Brands Company Profile

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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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