4WEALTH Advisors Inc. Makes New $225,000 Investment in Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF)

4WEALTH Advisors Inc. acquired a new stake in shares of Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 93,275 shares of the company’s stock, valued at approximately $225,000.

Separately, CacheTech Inc. bought a new stake in Rocky Mountain Chocolate Factory during the fourth quarter valued at about $43,000. 50.27% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Rocky Mountain Chocolate Factory in a research note on Sunday, April 27th. They issued a “hold” rating on the stock.

Rocky Mountain Chocolate Factory Price Performance

Shares of RMCF stock opened at $1.27 on Friday. Rocky Mountain Chocolate Factory, Inc. has a 12 month low of $1.12 and a 12 month high of $3.68. The company has a current ratio of 2.60, a quick ratio of 1.28 and a debt-to-equity ratio of 0.61. The stock has a 50 day moving average of $1.33 and a 200-day moving average of $2.03.

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.