Tofutti Brands (OTCMKTS:TOFB) Announces Quarterly Earnings Results

Tofutti Brands (OTCMKTS:TOFB) issued its earnings results on Tuesday. The company reported ($0.01) earnings per share for the quarter, Bloomberg Earnings reports. The firm had revenue of $3.14 million during the quarter. Tofutti Brands had a return on equity of 1.22% and a net margin of 0.36%.

Shares of Tofutti Brands stock opened at $2.22 on Friday. The company has a market capitalization of $11.44 million, a P/E ratio of 18.50 and a beta of 1.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.69 and a current ratio of 5.36. The company has a fifty day moving average of $2.31 and a 200 day moving average of $2.06. Tofutti Brands has a fifty-two week low of $1.45 and a fifty-two week high of $2.99.

Separately, ValuEngine raised shares of Tofutti Brands from a “hold” rating to a “buy” rating in a report on Thursday, August 1st.

Tofutti Brands Company Profile

Tofutti Brands, Inc engages in the development, production, and marketing of TOFUTTI branded dairy free frozen desserts and other food products in the United States and internationally. It offers frozen desserts, including frozen sandwiches and chocolate-coated crispy cones; 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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Earnings History for Tofutti Brands (OTCMKTS:TOFB)

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