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Tofutti Brands (OTCMKTS:TOFB) Shares Up 13.5%

Financial News Live ·  Feb 10, 2023 00:26

Tofutti Brands Inc. (OTCMKTS:TOFB – Get Rating) shot up 13.5% on Thursday . The stock traded as high as $1.19 and last traded at $1.19. 550 shares changed hands during trading, a decline of 81% from the average session volume of 2,897 shares. The stock had previously closed at $1.05.

Tofutti Brands Price Performance

The firm's fifty day moving average price is $1.06 and its two-hundred day moving average price is $1.30. The stock has a market cap of $6.13 million, a price-to-earnings ratio of -23.80 and a beta of 1.26.

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Tofutti Brands (OTCMKTS:TOFB – Get Rating) last posted its earnings results on Tuesday, November 15th. The company reported ($0.04) earnings per share for the quarter. Tofutti Brands had a negative return on equity of 6.13% and a negative net margin of 2.26%. The business had revenue of $2.90 million during the quarter.

Tofutti Brands Company Profile

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Tofutti Brands, Inc engages in the development, production, and market of non-dairy frozen desserts and other food products. The company was founded by David Mintz in August 1981 and is headquartered in Cranford, NJ.

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