Rocky Mountain Chocolate Factory VP Gregory L. Pope Sells 1,000 Shares (RMCF)
Rocky Mountain Chocolate Factory (NASDAQ:RMCF) VP Gregory L. Pope sold 1,000 shares of Rocky Mountain Chocolate Factory stock on the open market in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $12.10, for a total value of $12,100.00. Following the completion of the transaction, the vice president now directly owns 83,047 shares in the company, valued at approximately $1,004,869. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Rocky Mountain Chocolate Factory (NASDAQ:RMCF) traded down 1.45% during mid-day trading on Monday, hitting $11.92. The stock had a trading volume of 7,617 shares. Rocky Mountain Chocolate Factory has a one year low of $11.31 and a one year high of $13.98. The stock’s 50-day moving average is $11.69 and its 200-day moving average is $11.81. The company has a market cap of $72.9 million and a price-to-earnings ratio of 17.79.
Rocky Mountain Chocolate Factory (NASDAQ:RMCF) last issued its quarterly earnings data on Thursday, June 5th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.10. The company had revenue of $11.10 million for the quarter, compared to the consensus estimate of $11.42 million. On average, analysts predict that Rocky Mountain Chocolate Factory will post $0.86 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, June 13th. Shareholders of record on Tuesday, June 3rd will be paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 3.69%. The ex-dividend date is Friday, May 30th.
Rocky Mountain Chocolate Factory, Inc is an international franchisor and confectionery manufacturer. The Company is engaged in the manufacture of a range of chocolate candies and other confectionery products.
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