StockNews.com assumed coverage on shares of Rocky Mountain Chocolate Factory (NASDAQ:RMCF – Free Report) in a research report sent to investors on Thursday. The brokerage issued a hold rating on the stock.
Rocky Mountain Chocolate Factory Price Performance
NASDAQ RMCF opened at $2.25 on Thursday. The stock’s fifty day moving average price is $1.91 and its 200 day moving average price is $2.45. Rocky Mountain Chocolate Factory has a 1 year low of $1.50 and a 1 year high of $5.15. The company has a market cap of $14.27 million, a price-to-earnings ratio of -3.31 and a beta of 1.05.
Rocky Mountain Chocolate Factory (NASDAQ:RMCF – Get Free Report) last released its earnings results on Tuesday, October 15th. The company reported ($0.11) earnings per share (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 firm had revenue of $6.38 million during the quarter.
Hedge Funds 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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