Rocky Mountain Chocolate Factory (NASDAQ:RMCF) Now Covered by StockNews.com

StockNews.com began coverage on shares of Rocky Mountain Chocolate Factory (NASDAQ:RMCF) in a report issued on Saturday morning. The firm issued a hold rating on the stock.

Rocky Mountain Chocolate Factory Stock Performance

RMCF stock opened at $1.32 on Friday. Rocky Mountain Chocolate Factory has a 1-year low of $1.12 and a 1-year high of $3.73. The firm has a fifty day moving average price of $1.41 and a two-hundred day moving average price of $2.08. The company has a current ratio of 2.60, a quick ratio of 1.28 and a debt-to-equity ratio of 0.61.

Institutional Investors Weigh In On Rocky Mountain Chocolate Factory

Institutional investors and hedge funds have recently bought and sold shares of the business. CacheTech Inc. acquired a new position in Rocky Mountain Chocolate Factory in the fourth quarter valued at approximately $43,000. Wealthedge Investment Advisors LLC bought a new stake in shares of Rocky Mountain Chocolate Factory in the 4th quarter worth approximately $95,000. Finally, 4WEALTH Advisors Inc. acquired a new position in Rocky Mountain Chocolate Factory during the 4th quarter valued at approximately $225,000. Institutional investors and hedge funds own 50.27% of the company’s stock.

Rocky Mountain Chocolate Factory Company Profile

Rocky Mountain Chocolate Factory, Inc, together with its subsidiaries, operates as a confectionery franchisor, manufacturer, and retail operator. It operates through Franchising, Manufacturing, Retail Stores, and Other segments. The company produces approximately 400 chocolate candies and other confectionery products, including clusters, caramels, creams, toffees, mints, and truffles; and offers 15 varieties of caramel apples and other products that are prepared in individual stores, as well as provides ice cream, coffee, and other sundries.