Rocky Mountain Chocolate Factory (NASDAQ:RMCF) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Rocky Mountain Chocolate Factory (NASDAQ:RMCF – Get Rating) in a research note issued on Monday. The brokerage set a “hold” rating on the stock.

Rocky Mountain Chocolate Factory Stock Up 0.0 %

RMCF stock opened at $5.10 on Monday. The stock has a market capitalization of $31.88 million, a P/E ratio of -8.79 and a beta of 0.94. The firm has a 50-day simple moving average of $5.26 and a 200-day simple moving average of $5.90. Rocky Mountain Chocolate Factory has a 52 week low of $4.77 and a 52 week high of $8.25.

Rocky Mountain Chocolate Factory (NASDAQ:RMCF – Get Rating) last released its earnings results on Thursday, January 12th. The company reported $0.10 EPS for the quarter. The business had revenue of $9.48 million during the quarter. Rocky Mountain Chocolate Factory had a negative net margin of 10.89% and a negative return on equity of 0.08%.

Institutional Trading of Rocky Mountain Chocolate Factory

A hedge fund recently bought a new stake in Rocky Mountain Chocolate Factory stock. Citadel Advisors LLC acquired a new stake in shares of Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF – Get Rating) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 10,403 shares of the company’s stock, valued at approximately $62,000. Citadel Advisors LLC owned approximately 0.17% of Rocky Mountain Chocolate Factory at the end of the most recent quarter. 53.41% of the stock is currently owned by institutional investors.

About Rocky Mountain Chocolate Factory

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Rocky Mountain Chocolate Factory, Inc is an international franchiser of gourmet chocolate, confection, and self-serve frozen yogurt stores and a manufacturer of an extensive line of premium chocolates and other confectionery products. The firm and its subsidiaries, franchisees, and licensees currently operate over 315 Rocky Mountain Chocolate Factory and self-serve frozen yogurt stores across the United States, Qatar, the Republic of Panama, and the Republic of the Philippines. �The company was founded in 1981 and is headquartered in Durango, CO.