Stock analysts at StockNews.com started coverage on shares of Rocky Mountain Chocolate Factory (NASDAQ:RMCF – Get Free Report) in a research note issued to investors on Friday. The brokerage set a “hold” rating on the stock.
Rocky Mountain Chocolate Factory Trading Up 1.6 %
Shares of NASDAQ RMCF opened at $1.85 on Friday. The stock has a fifty day moving average price of $1.94 and a 200 day moving average price of $2.93. Rocky Mountain Chocolate Factory has a 12-month low of $1.50 and a 12-month high of $5.15. The company has a market cap of $11.73 million, a P/E ratio of -2.72 and a beta of 1.03.
Rocky Mountain Chocolate Factory (NASDAQ:RMCF – Get Free Report) last posted its earnings results on Monday, July 15th. The company reported ($0.26) earnings per share (EPS) for the quarter. The company had revenue of $6.41 million during 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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