Tofutti Brands (OTCMKTS:TOFB) Announces Earnings Results

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

Tofutti Brands Price Performance

TOFB stock remained flat at $0.80 during midday trading on Friday. The company’s 50 day simple moving average is $0.71 and its 200-day simple moving average is $0.76. The stock has a market cap of $4.12 million, a P/E ratio of -6.67 and a beta of 0.96. Tofutti Brands has a twelve month low of $0.60 and a twelve 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.

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.