Rocky Mountain Chocolate Factory (NASDAQ:RMCF) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Rocky Mountain Chocolate Factory (NASDAQ:RMCF) in a report released on Tuesday. The brokerage issued a hold rating on the stock.

Rocky Mountain Chocolate Factory Stock Down 0.8 %

NASDAQ RMCF opened at $1.25 on Tuesday. The business has a fifty day moving average price of $1.79 and a 200 day moving average price of $2.19. Rocky Mountain Chocolate Factory has a one year low of $1.25 and a one year high of $3.95. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.60 and a quick ratio of 1.28.

Rocky Mountain Chocolate Factory (NASDAQ:RMCF) last posted its quarterly earnings data on Tuesday, January 14th. The company reported ($0.11) EPS for the quarter. Rocky Mountain Chocolate Factory had a negative net margin of 17.25% and a negative return on equity of 48.18%.

Institutional Trading of Rocky Mountain Chocolate Factory

Large investors have recently added to or reduced their stakes in the stock. CacheTech Inc. purchased a new stake in Rocky Mountain Chocolate Factory in the 4th quarter valued at $43,000. Wealthedge Investment Advisors LLC purchased a new stake in Rocky Mountain Chocolate Factory in the 4th quarter valued at $95,000. Finally, 4WEALTH Advisors Inc. purchased a new stake in Rocky Mountain Chocolate Factory in the 4th quarter valued at $225,000. 50.27% of the stock is currently owned by hedge funds and other institutional investors.

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.