DDC Enterprise (NYSEAMERICAN:DDC – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported ($0.58) earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of $10.06 million during the quarter.
DDC Enterprise Stock Down 9.2%
Shares of DDC Enterprise stock opened at $0.34 on Wednesday. The stock’s fifty day moving average is $0.61. The company has a current ratio of 0.88, a quick ratio of 0.86 and a debt-to-equity ratio of 0.49. DDC Enterprise has a 12-month low of $0.32 and a 12-month high of $14.00.
Hedge Funds Weigh In On DDC Enterprise
A hedge fund recently bought a new stake in DDC Enterprise stock. Anson Funds Management LP acquired a new stake in shares of DDC Enterprise Limited (NYSEAMERICAN:DDC – Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 956,694 shares of the company’s stock, valued at approximately $1,894,000. Anson Funds Management LP owned approximately 4.11% of DDC Enterprise at the end of the most recent quarter. 0.22% of the stock is owned by institutional investors.
About DDC Enterprise
DDC Enterprise Ltd is a content driven consumer brand offering easy, convenient ready-to-heat, ready-to-cook, and plant-based meal products i.e. meal products consisting largely or solely of vegetables, fruits, grains, and other foods derived from plant-based protein, rather than animal protein) while promoting healthier lifestyle choices to the Millennial and Generation Z customer-base. The company’s operates in two operating segments: merchandise sales and fresh agriculture produce. It is also engaged in the provision of advertising services and the operation of experience stores to offer cooking classes.
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