Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) VP Edward L. Dudley sold 1,000 shares of the business’s stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $11.40, for a total value of $11,400.00. Following the completion of the transaction, the vice president now owns 47,056 shares in the company, valued at $536,438.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Rocky Mountain Chocolate Factory, Inc. (RMCF) opened at $11.37 on Friday. The company has a market capitalization of $67.12, a price-to-earnings ratio of 19.27 and a beta of 0.78. The company has a current ratio of 1.92, a quick ratio of 1.16 and a debt-to-equity ratio of 0.09. Rocky Mountain Chocolate Factory, Inc. has a twelve month low of $9.65 and a twelve month high of $13.23.
Rocky Mountain Chocolate Factory (NASDAQ:RMCF) last announced its quarterly earnings results on Thursday, October 5th. The company reported $0.16 earnings per share for the quarter. Rocky Mountain Chocolate Factory had a return on equity of 18.22% and a net margin of 9.19%. The company had revenue of $8.27 million for the quarter.
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Several large investors have recently bought and sold shares of the company. Steinberg Global Asset Management acquired a new stake in Rocky Mountain Chocolate Factory in the 3rd quarter worth about $870,000. FMR LLC boosted its holdings in Rocky Mountain Chocolate Factory by 10.7% in the 2nd quarter. FMR LLC now owns 591,531 shares of the company’s stock worth $6,980,000 after buying an additional 57,032 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in Rocky Mountain Chocolate Factory by 4.1% in the 1st quarter. Renaissance Technologies LLC now owns 508,070 shares of the company’s stock worth $5,731,000 after buying an additional 19,885 shares during the last quarter. Strategic Advisors LLC acquired a new stake in Rocky Mountain Chocolate Factory in the 2nd quarter worth about $177,000. Finally, Dimensional Fund Advisors LP lifted its stake in Rocky Mountain Chocolate Factory by 3.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 191,420 shares of the company’s stock worth $2,259,000 after purchasing an additional 7,189 shares in the last quarter. Hedge funds and other institutional investors own 40.23% of the company’s stock.
About Rocky Mountain Chocolate Factory
Rocky Mountain Chocolate Factory, Inc is an international franchisor, confectionery manufacturer and retail operator. The Company’s subsidiary, U-Swirl International, Inc (U-Swirl), franchises and operates soft-serve frozen yogurt stores. The Company operates through five segments: Franchising, Manufacturing, Retail Stores, U-Swirl operations and Other.
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