Equities research analysts at StockNews.com initiated coverage on shares of Rocky Mountain Chocolate Factory (NASDAQ:RMCF – Get Free Report) in a note issued to investors on Thursday. The brokerage set a “hold” rating on the stock.
Rocky Mountain Chocolate Factory Trading Up 1.4 %
RMCF opened at $2.12 on Thursday. The company has a 50 day moving average of $1.89 and a 200 day moving average of $2.47. The company has a market cap of $13.45 million, a PE ratio of -3.12 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 released its quarterly earnings data on Tuesday, October 15th. The company reported ($0.11) EPS for the quarter. The business had revenue of $6.38 million during the quarter. Rocky Mountain Chocolate Factory had a negative return on equity of 44.70% and a negative net margin of 17.93%.
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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