Tofutti Brands (TOF) Posts Quarterly Earnings Results
Tofutti Brands (NYSE:TOF) released its earnings data on Tuesday. The company reported ($0.02) EPS for the quarter, American Banking & Market News reports. The company had revenue of $3.50 million for the quarter, compared to the consensus estimate of $4.26 million.
Tofutti Brands (NYSE:TOF) traded down 6.09% during mid-day trading on Tuesday, hitting $4.32. 6,454 shares of the company’s stock traded hands. Tofutti Brands has a 1-year low of $1.50 and a 1-year high of $6.00. The stock’s 50-day moving average is $4.56 and its 200-day moving average is $4.63. The company’s market cap is $22.3 million.
On a related note, analysts at TheStreet upgraded shares of Tofutti Brands from a “sell” rating to a “hold” rating in a research note on Thursday, May 15th.
Tofutti Brands is engaged in the development, production and marketing of TOFUTTI brand nondairy frozen desserts and other food products.
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