Rocky Mountain Chocolate Factory (NASDAQ:RMCF) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of Rocky Mountain Chocolate Factory (NASDAQ:RMCFFree Report) in a research note released on Monday. The firm issued a hold rating on the stock.

Rocky Mountain Chocolate Factory Trading Up 2.3 %

RMCF opened at $1.49 on Monday. Rocky Mountain Chocolate Factory has a 1-year low of $1.43 and a 1-year high of $3.95. The stock’s fifty day simple moving average is $1.97 and its 200 day simple moving average is $2.21. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.28 and a current ratio of 2.60.

Rocky Mountain Chocolate Factory (NASDAQ:RMCFGet Free Report) last posted its quarterly earnings results on Tuesday, January 14th. The company reported ($0.11) earnings per share 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 Inflows and Outflows

Several large investors have recently added to or reduced their stakes in RMCF. 4WEALTH Advisors Inc. bought a new position in Rocky Mountain Chocolate Factory during the 4th quarter worth $225,000. Wealthedge Investment Advisors LLC bought a new position in Rocky Mountain Chocolate Factory during the 4th quarter worth $95,000. Finally, CacheTech Inc. bought a new position in Rocky Mountain Chocolate Factory during the 4th quarter worth $43,000. Institutional investors own 50.27% of the company’s stock.

Rocky Mountain Chocolate Factory Company Profile

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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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