StockNews.com began coverage on shares of Rocky Mountain Chocolate Factory (NASDAQ:RMCF – Free Report) in a report published on Saturday. The brokerage issued a hold rating on the stock.
Rocky Mountain Chocolate Factory Price Performance
RMCF opened at $1.70 on Friday. Rocky Mountain Chocolate Factory has a one year low of $1.50 and a one year high of $5.15. The business has a 50 day simple moving average of $1.88 and a two-hundred day simple moving average of $2.80. The firm has a market capitalization of $10.78 million, a price-to-earnings ratio of -2.50 and a beta of 1.04.
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 for the quarter. Rocky Mountain Chocolate Factory had a negative return on equity of 44.70% and a negative net margin of 17.93%. The firm had revenue of $6.41 million for the quarter.
Institutional Inflows and Outflows
Rocky Mountain Chocolate Factory Company Profile
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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