Rocky Mountain Chocolate Factory (NASDAQ:RMCF) issued its earnings results on Friday, January 12th. The company reported $0.13 earnings per share for the quarter, Bloomberg Earnings reports. The business had revenue of $9.96 million during the quarter. Rocky Mountain Chocolate Factory had a return on equity of 16.75% and a net margin of 8.50%.
Rocky Mountain Chocolate Factory (RMCF) opened at $12.32 on Monday. Rocky Mountain Chocolate Factory has a 52 week low of $10.67 and a 52 week high of $13.23. The company has a quick ratio of 1.16, a current ratio of 1.86 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $72.73, a P/E ratio of 22.40 and a beta of 0.69.
Separately, TheStreet downgraded Rocky Mountain Chocolate Factory from a “b” rating to a “c+” rating in a research note on Friday, January 12th.
In related news, VP Gregory L. Pope sold 4,000 shares of the stock in a transaction on Monday, November 13th. The stock was sold at an average price of $11.44, for a total transaction of $45,760.00. Following the sale, the vice president now owns 26,678 shares in the company, valued at approximately $305,196.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Bryan J. Merryman sold 17,330 shares of the stock in a transaction on Monday, January 22nd. The shares were sold at an average price of $12.39, for a total value of $214,718.70. The disclosure for this sale can be found here. Insiders have sold a total of 44,323 shares of company stock worth $539,339 over the last ninety days. Insiders own 13.12% of the company’s stock.
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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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