Tofutti Brands (OTCMKTS:TOFB) Issues Earnings Results

Tofutti Brands (OTCMKTS:TOFB) issued its earnings results on Monday. The company reported ($0.03) earnings per share (EPS) for the quarter, Zacks reports. Tofutti Brands had a negative net margin of 6.78% and a negative return on equity of 17.00%.

Tofutti Brands Trading Down 5.2%

OTCMKTS TOFB traded down $0.03 during trading hours on Monday, reaching $0.55. The company had a trading volume of 400 shares, compared to its average volume of 5,146. The stock has a 50-day moving average of $0.65 and a 200 day moving average of $0.70. The stock has a market capitalization of $2.84 million, a P/E ratio of -4.58 and a beta of 0.79. Tofutti Brands has a 1-year low of $0.51 and a 1-year high of $0.92. The company has a current ratio of 11.14, a quick ratio of 3.85 and a debt-to-equity ratio of 0.01.

Tofutti Brands Company Profile

Tofutti Brands Inc engages in the development, production, and marketing of plant based, dairy free vegan frozen desserts, cheeses, and other food products under the TOFUTTI brand in the United States, Europe, the Middle East, the Asia Pacific, and Africa. The company offers frozen desserts, including frozen sandwiches and chocolate wafers; ice cream sandwiches; dairy free vegan cheese products, such as cream cheese, sour cream, cheese slices, and dairy free ricotta cheese alternatives; spreads; and frozen food products.