Shares of RMCF stock opened at $6.80 on Monday. The stock’s 50-day simple moving average is $7.79 and its 200-day simple moving average is $8.11. The firm has a market capitalization of $42.02 million, a price-to-earnings ratio of 29.57 and a beta of 1.12. Rocky Mountain Chocolate Factory has a fifty-two week low of $5.25 and a fifty-two week high of $10.36.
Rocky Mountain Chocolate Factory (NASDAQ:RMCF – Get Rating) last issued its earnings results on Thursday, January 13th. The company reported $0.04 EPS for the quarter. The firm had revenue of $8.51 million for the quarter. Rocky Mountain Chocolate Factory had a return on equity of 16.57% and a net margin of 4.55%.
Large investors have recently made changes to their positions in the company. Morgan Stanley lifted its position in shares of Rocky Mountain Chocolate Factory by 35.7% during the 1st quarter. Morgan Stanley now owns 11,400 shares of the company’s stock valued at $60,000 after buying an additional 3,000 shares in the last quarter. Geode Capital Management LLC purchased a new position in shares of Rocky Mountain Chocolate Factory during the 3rd quarter valued at approximately $100,000. Ridgewood Investments LLC purchased a new position in shares of Rocky Mountain Chocolate Factory during the 1st quarter valued at approximately $215,000. Finally, Redmond Asset Management LLC lifted its position in shares of Rocky Mountain Chocolate Factory by 132.4% during the 4th quarter. Redmond Asset Management LLC now owns 146,118 shares of the company’s stock valued at $1,145,000 after buying an additional 83,247 shares in the last quarter. Hedge funds and other institutional investors own 52.48% of the company’s stock.
About Rocky Mountain Chocolate Factory (Get Rating)
Rocky Mountain Chocolate Factory, Inc, together with its subsidiaries, operates as a confectionery franchisor, manufacturer, and retail operator. It operates through five segments: Franchising, Manufacturing, Retail Stores, U-Swirl Operations, and Other. The company produces approximately 450 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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