share_log

Tattooed Chef (NASDAQ:TTCF) Shares Gap Down to $6.77

Financial News Live ·  Sep 12, 2022 11:02

Tattooed Chef, Inc. (NASDAQ:TTCF – Get Rating) shares gapped down before the market opened on Monday . The stock had previously closed at $6.77, but opened at $6.59. Tattooed Chef shares last traded at $6.77, with a volume of 11,711 shares traded.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Cowen lowered their target price on shares of Tattooed Chef from $13.00 to $10.00 and set an "outperform" rating for the company in a report on Monday, August 15th. Cowen lowered their target price on shares of Tattooed Chef from $13.00 to $10.00 and set an "outperform" rating for the company in a report on Monday, August 15th. Finally, Roth Capital lowered shares of Tattooed Chef from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $12.00 to $9.00 in a report on Tuesday, August 9th.

Get Tattooed Chef alerts:

Tattooed Chef Stock Down 2.4 %

The company has a market cap of $545.06 million, a price-to-earnings ratio of -8.36 and a beta of 0.53. The company has a current ratio of 2.71, a quick ratio of 1.44 and a debt-to-equity ratio of 0.01. The firm's fifty day moving average price is $6.69 and its 200-day moving average price is $8.29.

Institutional Investors Weigh In On Tattooed Chef

Institutional investors have recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. lifted its position in Tattooed Chef by 58.8% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,137 shares of the company's stock valued at $253,000 after acquiring an additional 7,460 shares in the last quarter. Pinnacle Wealth Planning Services Inc. bought a new stake in Tattooed Chef during the 2nd quarter worth about $87,000. Arizona State Retirement System lifted its position in Tattooed Chef by 20.3% during the 2nd quarter. Arizona State Retirement System now owns 13,330 shares of the company's stock worth $84,000 after buying an additional 2,249 shares in the last quarter. SG Americas Securities LLC lifted its position in Tattooed Chef by 59.0% during the 2nd quarter. SG Americas Securities LLC now owns 200,377 shares of the company's stock worth $1,262,000 after buying an additional 74,333 shares in the last quarter. Finally, IQ EQ FUND MANAGEMENT IRELAND Ltd lifted its position in Tattooed Chef by 7.7% during the 2nd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 716,245 shares of the company's stock worth $4,512,000 after buying an additional 51,138 shares in the last quarter. 16.66% of the stock is owned by institutional investors.

About Tattooed Chef

(Get Rating)

Tattooed Chef, Inc, a plant-based food company, produces and sells a portfolio of frozen foods. It supplies plant-based products to retailers in the United States. The company offers ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, cauliflower crust pizza, and plant-based burgers.

Recommended Stories

  • Get a free copy of the StockNews.com research report on Tattooed Chef (TTCF)
  • This Is What To Expect From The Q3 Earnings Reporting Season
  • 3 Biotech Stocks Gaining Momentum
  • Can Electronic Arts Buck the Downturn in Videogaming?
  • Dollar General is the Big Fish in Little Ponds Across the U.S.
  • Here's Why the CPI Report will Dictate the Market Bottom

Receive News & Ratings for Tattooed Chef Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tattooed Chef and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment