StockNews.com started coverage on shares of Rocky Mountain Chocolate Factory (NASDAQ:RMCF – Free Report) in a report issued on Friday. The brokerage issued a hold rating on the stock.
Rocky Mountain Chocolate Factory Stock Performance
RMCF opened at $1.85 on Friday. The company has a fifty day moving average of $1.94 and a two-hundred day moving average of $2.94. The stock has a market capitalization of $11.73 million, a price-to-earnings ratio of -2.72 and a beta of 1.03. Rocky Mountain Chocolate Factory has a fifty-two week low of $1.50 and a fifty-two week high of $5.15.
Rocky Mountain Chocolate Factory (NASDAQ:RMCF – Get Free Report) last announced its quarterly earnings results on Monday, July 15th. The company reported ($0.26) earnings per share for the quarter. The business 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
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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