Rocky Mountain Chocolate Factory (RMCF) Stock Sees Significant Decline

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Nov 15, 2024
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Rocky Mountain Chocolate Factory (RMCF, Financial) experienced a notable stock price decrease of 5.28%. The stock is currently priced at $2.51 per share, with a volume of 5,102 shares and a turnover rate of 0.07%. The stock's amplitude was recorded at 5.22%.

According to the recent financial report, Rocky Mountain Chocolate Factory reported a revenue of $6.38 million, a net loss of $722,000, and an earnings per share (EPS) of -$0.11. The gross profit stood at $846,000, resulting in a price-to-earnings (P/E) ratio of -3.42. Currently, there are no institutional ratings for buying, holding, or selling this stock.

Within the confectionery industry, the overall decline was 0.09%. Notably, stocks such as Tootsie Roll Industries, Inc., Mondelez, and Hershey showed significant gains. Among these, Hershey and Mondelez were particularly active, with turnover rates of 0.81% and 0.24% respectively. Rocky Mountain Chocolate Factory, with a turnover of 0.07%, showed the highest amplitude at 5.22%, followed by Hershey at 4.17%, and Mondelez at 2.17%.

Rocky Mountain Chocolate Factory Inc is a manufacturer of chocolate confections and candy products. Its operations include franchising, manufacturing, retail stores, and U-Swirl operations. The product lineup includes clusters, caramels, creams, toffees, mints, and truffles.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.