Tofutti Brands (OTCMKTS:TOFB) Issues Earnings Results

Tofutti Brands (OTCMKTS:TOFB) issued its earnings results on Wednesday. The company reported ($0.03) earnings per share for the quarter, Zacks reports. The company had revenue of $1.91 million for the quarter. Tofutti Brands had a negative return on equity of 23.29% and a negative net margin of 8.74%.

Tofutti Brands Stock Performance

Shares of OTCMKTS TOFB remained flat at $0.73 during midday trading on Friday. The stock has a market capitalization of $3.75 million, a price-to-earnings ratio of -5.20 and a beta of 0.86. The company’s 50-day moving average price is $0.71 and its 200-day moving average price is $0.71. Tofutti Brands has a 1 year low of $0.51 and a 1 year high of $0.92.

About Tofutti Brands

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.