Tofutti Brands (OTCMKTS:TOFB) Announces Earnings Results

Tofutti Brands (OTCMKTS:TOFB) released its earnings results on Friday. The company reported ($0.07) EPS for the quarter, Zacks reports. Tofutti Brands had a negative net margin of 6.78% and a negative return on equity of 17.00%.

Tofutti Brands Stock Performance

Shares of TOFB remained flat at $0.80 during trading hours on Friday. Tofutti Brands has a 12-month low of $0.60 and a 12-month high of $0.92. The company has a quick ratio of 3.85, a current ratio of 11.14 and a debt-to-equity ratio of 0.01. The stock’s 50-day moving average price is $0.71 and its 200 day moving average price is $0.76. The company has a market cap of $4.12 million, a P/E ratio of -6.67 and a beta of 0.96.

Tofutti Brands Company Profile

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.