Tofutti Brands Inc. (OTCMKTS:TOFB – Get Free Report) was the target of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 1,000 shares, a decline of 41.2% from the May 14th total of 1,700 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,415 shares, the short-interest ratio is currently 0.7 days.
Tofutti Brands Stock Performance
TOFB opened at $0.64 on Monday. The stock has a market cap of $3.30 million, a PE ratio of -3.76 and a beta of 0.78. Tofutti Brands has a 1 year low of $0.60 and a 1 year high of $0.85. The stock’s 50 day simple moving average is $0.67 and its 200-day simple moving average is $0.71.
Tofutti Brands (OTCMKTS:TOFB – Get Free Report) last announced its quarterly earnings results on Monday, May 18th. The company reported ($0.05) EPS for the quarter. The company had revenue of $1.56 million during the quarter. Tofutti Brands had a negative net margin of 11.25% and a negative return on equity of 36.07%.
About Tofutti Brands
Tofutti Brands Inc is a specialty food company focused on the development, manufacturing and marketing of non-dairy frozen desserts and cheese alternatives. Founded in the early 1980s by David Mintz, the company pioneered plant-based frozen novelties and spreadable products designed to appeal to consumers seeking lactose-free, vegan and kosher options. Its product portfolio includes frozen desserts such as “Cuties” ice cream bars, “Cutiecups” novelty cups, and a range of dairy-free cream cheeses, sour creams and mozzarella-style shreds under the Tofutti Better Than™ brand.
Manufacturing operations are based in East Hanover, New Jersey, and the company distributes its products through major supermarket chains, natural food stores and foodservice channels across North America.
See Also
- Five stocks we like better than Tofutti Brands
- Forget AI for a Moment, This Homebuilder Is Stealing the Show
- Qualcomm Drops 25%, But Investor Day Could Reverse the Slide
- Meta to Follow Alphabet’s Footsteps? What an Equity Raise Could Mean
- 3 ETFs Giving Ready-Made Access to the Discounted International Small-Cap Space
Receive News & Ratings for Tofutti Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tofutti Brands and related companies with MarketBeat.com's FREE daily email newsletter.
