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Rocky Mountain Chocolate Factory (NASDAQ:RMCF) CFO Bryan J. Merryman sold 3,900 shares of the company’s stock on the open market in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $12.53, for a total value of $48,867.00. Following the sale, the chief financial officer now directly owns 124,972 shares in the company, valued at approximately $1,565,899. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Rocky Mountain Chocolate Factory (NASDAQ:RMCF) traded up 1.37% during mid-day trading on Monday, hitting $12.62. The stock had a trading volume of 8,392 shares. Rocky Mountain Chocolate Factory has a one year low of $11.31 and a one year high of $13.78. The stock’s 50-day moving average is $12.89 and its 200-day moving average is $12.02. The company has a market cap of $78.4 million and a price-to-earnings ratio of 20.75.

Rocky Mountain Chocolate Factory (NASDAQ:RMCF) last announced its earnings results on Tuesday, July 15th. The company reported $0.14 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.24 by $0.10. The company had revenue of $10.30 million for the quarter, compared to the consensus estimate of $11.35 million. During the same quarter in the prior year, the company posted $0.19 earnings per share. On average, analysts predict that Rocky Mountain Chocolate Factory will post $0.82 earnings per share for the current fiscal year.

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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