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Tofutti Brands (OTCMKTS:TOFB) Releases Earnings Results

kopsource ·  Nov 18, 2022 16:31

Tofutti Brands (OTCMKTS:TOFB – Get Rating) announced its quarterly earnings data on Tuesday. The company reported ($0.04) earnings per share for the quarter, reports. Tofutti Brands had a negative net margin of 2.26% and a negative return on equity of 6.13%. The business had revenue of $2.90 million for the quarter.

Tofutti Brands Stock Performance

Shares of OTCMKTS:TOFB traded up $0.06 during trading on Friday, reaching $1.23. The company had a trading volume of 877 shares, compared to its average volume of 3,211. The firm's fifty day moving average is $1.26 and its 200 day moving average is $1.64. The firm has a market capitalization of $6.33 million, a PE ratio of -24.60 and a beta of 1.36. Tofutti Brands has a twelve month low of $1.06 and a twelve month high of $2.75.

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Tofutti Brands Company Profile

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Tofutti Brands Inc engages in the development, production, and marketing of 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, Africa, and internationally. It offers frozen desserts, including frozen sandwiches and chocolate-coated crispy cones; bars; dairy free vegan cheese products, such as cream cheese, sour cream, cheese slices, and dairy free ricotta cheese alternatives; spreads; and frozen food products comprising frozen crepes.

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