StockNews.com began coverage on shares of Rocky Mountain Chocolate Factory (NASDAQ:RMCF – Free Report) in a research report sent to investors on Wednesday. The brokerage issued a hold rating on the stock.
Rocky Mountain Chocolate Factory Trading Down 5.3 %
Shares of Rocky Mountain Chocolate Factory stock opened at $2.15 on Wednesday. The stock’s fifty day moving average price is $1.87 and its 200-day moving average price is $2.51. The firm has a market cap of $13.64 million, a P/E ratio of -3.16 and a beta of 1.05. Rocky Mountain Chocolate Factory has a 12 month low of $1.50 and a 12 month high of $5.15.
Rocky Mountain Chocolate Factory (NASDAQ:RMCF – Get Free Report) last posted its earnings results on Monday, July 15th. The company reported ($0.26) EPS for the quarter. Rocky Mountain Chocolate Factory had a negative net margin of 17.93% and a negative return on equity of 44.70%. The business had revenue of $6.41 million for the quarter.
Institutional Trading of 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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