The Favorable Media Coverage Somewhat Unlikely to Affect Nathan’s Famous (NATH) Share Price

The Favorable Media Coverage Somewhat Unlikely to Affect Nathan’s Famous (NATH) Share Price

Nathan's Famous (NATH) traded down 0.78% during trading on Wednesday, reaching $61.96. The company had a trading volume of 2,371 shares. Nathan's Famous has a 12-month low of $44.46 and a 12-month high of $71.95. The firm has a market capitalization of $258.93 million, a PE ratio of 34.81 and a beta of 0.25. The firm’s 50 day moving average price is $64.06 and its 200 day moving average price is $63.52.

Media headlines about Nathan's Famous (NASDAQ:NATH) have been trending positive recently, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Nathan's Famous earned a news impact score of 0.35 on Accern’s scale. Accern also assigned media coverage about the restaurant operator an impact score of 44.928703045566 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Nathan's Famous (NASDAQ:NATH) last posted its earnings results on Friday, June 9th. The restaurant operator reported $0.17 EPS for the quarter. The company had revenue of $19.29 million during the quarter. Equities research analysts forecast that Nathan's Famous will post $0.99 EPS for the current year.

Nathan's Famous Company Profile

Nathan’s Famous, Inc (Nathan’s) is a licensor, wholesaler and retailer of products marketed under Nathan’s Famous brand. The Company’s products are marketed for sale in approximately 55,000 locations, including supermarkets, mass merchandisers and club stores, selected foodservice locations and Company-owned and franchised restaurants throughout the United States and in over 10 foreign territories and countries.

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