Company shares are trading at $73.20 a bit higher than $68.08, the stock’s 50 day moving average and much higher than the 200 day moving average of $64.91. The 50 day moving average went up by +7.51% and the 200 day average went up $8.29 or +12.78%. (NASDAQ:NATH) shares saw light trading volume with 1,072 shares changing hands by the end of trading on Friday. Shares saw a steep decrease in trading volume of 89.85% under the normal average daily volume.
Investors are more bearish on the company recently if you watch the motion in short interest. The company experienced a rise in short interest of 11.74% as of the latest report on September 15, 2017. Short shares grew 11,401 over that period. Days to cover decreased -5.0 to 5.0 and the short interest percentage is 0.03% as of September 15.
Additionally, here are a few investment firms who have increased or decreased their stake in (NATH). Teton Advisors, Inc. grew its position by buying 9,102 shares an increase of 4.4% from 03/31/2017 to 06/30/2017. Teton Advisors, Inc. now controls 213,736 shares with a value of $13,465,000. The value of the position overall is up by 5.0%. Ubs Group Ag downsized its investment by shedding 220 shares a decrease of 77.2%. Ubs Group Ag claims 65 shares valued at $4,000. The total value of its holdings decreased 77.8%.
Stanley-laman Group, Ltd. augmented its ownership by buying 979 shares an increase of 17.4% as of 06/30/2017. Stanley-laman Group, Ltd. currently owns 6,608 shares worth $416,000. The value of the position overall is up by 17.8%. Iszo Capital Management Lp reduced its holdings by selling 5,798 shares a decrease of 3.6% in the quarter. Iszo Capital Management Lp owns 153,710 shares worth $9,630,000. The total value of its holdings decreased 7.0%.
The company’s P/E ratio is 45.13 and the market cap is 305.90M.
Nathan’s Famous, Inc. (Nathan’s), launched on 10, July 1992, is a licensor, wholesaler and retailer of products marketed under Nathan’s Famous brand. The Business’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. The Company also owns, through its subsidiary, NF Treacher’s Corp., the Arthur Treacher’s brand and trademarks..