Investment analysts at StockNews.com started coverage on shares of Rocky Mountain Chocolate Factory (NASDAQ:RMCF – Get Free Report) in a report released on Wednesday. The brokerage set a “hold” rating on the stock.
Rocky Mountain Chocolate Factory Price Performance
NASDAQ RMCF traded up $0.02 on Wednesday, reaching $1.85. The company had a trading volume of 2,349 shares, compared to its average volume of 18,410. The firm has a market capitalization of $11.73 million, a PE ratio of -2.69 and a beta of 1.03. The firm has a 50-day moving average of $2.11 and a 200-day moving average of $3.12. Rocky Mountain Chocolate Factory has a 1 year low of $1.50 and a 1 year high of $5.47.
Rocky Mountain Chocolate Factory (NASDAQ:RMCF – Get Free Report) last released its earnings results on Monday, July 15th. The company reported ($0.26) EPS for the quarter. The business had revenue of $6.41 million for the quarter. Rocky Mountain Chocolate Factory had a negative net margin of 17.93% and a negative return on equity of 44.70%.
Institutional Investors Weigh In On Rocky Mountain Chocolate Factory
About Rocky Mountain Chocolate Factory
Rocky Mountain Chocolate Factory, Inc, together with its subsidiaries, operates as a confectionery franchisor, manufacturer, and retail operator. It operates through Franchising, Manufacturing, Retail Stores, and Other segments. The company produces approximately 400 chocolate candies and other confectionery products, including clusters, caramels, creams, toffees, mints, and truffles; and offers 15 varieties of caramel apples and other products that are prepared in individual stores, as well as provides ice cream, coffee, and other sundries.
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