Tofutti Brands (OTCMKTS:TOFB) Announces Earnings Results

Tofutti Brands (OTCMKTS:TOFB) released its quarterly earnings data on Friday. The company reported ($0.07) earnings per share (EPS) for the quarter, Zacks reports. Tofutti Brands had a negative net margin of 6.78% and a negative return on equity of 17.00%.

Tofutti Brands Price Performance

Shares of TOFB stock remained flat at $0.80 during trading hours on Friday. The business’s 50-day moving average is $0.71 and its 200-day moving average is $0.76. The company has a market cap of $4.12 million, a price-to-earnings ratio of -6.67 and a beta of 0.96. Tofutti Brands has a 12 month low of $0.60 and a 12 month high of $0.92. The company has a debt-to-equity ratio of 0.01, a current ratio of 11.14 and a quick ratio of 3.85.

About Tofutti Brands

Tofutti Brands Inc engages in the development, production, and marketing of plant based, dairy free vegan frozen desserts, cheeses, and other food products under the TOFUTTI brand in the United States, Europe, the Middle East, the Asia Pacific, and Africa. The company offers frozen desserts, including frozen sandwiches and chocolate wafers; ice cream sandwiches; dairy free vegan cheese products, such as cream cheese, sour cream, cheese slices, and dairy free ricotta cheese alternatives; spreads; and frozen food products.