Tofutti Brands (OTCMKTS:TOFB) Trading Down 12.8% – Here’s Why

Tofutti Brands Inc. (OTCMKTS:TOFBGet Free Report) was down 12.8% during mid-day trading on Friday . The stock traded as low as $0.68 and last traded at $0.68. Approximately 2,600 shares were traded during mid-day trading, a decline of 2% from the average daily volume of 2,659 shares. The stock had previously closed at $0.78.

Tofutti Brands Stock Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 11.14 and a quick ratio of 3.85. The firm has a market capitalization of $3.51 million, a price-to-earnings ratio of -5.67 and a beta of 1.07. The firm has a 50 day moving average price of $0.80 and a 200-day moving average price of $0.79.

Tofutti Brands Company Profile

(Get Free Report)

Tofutti Brands Inc engages in the development, production, and marketing of plant based, dairy free vegan frozen desserts, cheeses, and other food products under the TOFUTTI brand in the United States, Europe, the Middle East, the Asia Pacific, and Africa. The company offers frozen desserts, including frozen sandwiches and chocolate wafers; ice cream sandwiches; dairy free vegan cheese products, such as cream cheese, sour cream, cheese slices, and dairy free ricotta cheese alternatives; spreads; and frozen food products.

Read More

Receive News & Ratings for Tofutti Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tofutti Brands and related companies with MarketBeat.com's FREE daily email newsletter.