Rocky Mountain Chocolate Factory (NASDAQ:RMCF) was downgraded by research analysts at TheStreet from a “b” rating to a “c+” rating in a research report issued to clients and investors on Friday.

Rocky Mountain Chocolate Factory (NASDAQ:RMCF) opened at $12.25 on Friday. The company has a market capitalization of $72.85, a price-to-earnings ratio of 22.27 and a beta of 0.78. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.92 and a quick ratio of 1.16. Rocky Mountain Chocolate Factory has a 12 month low of $10.67 and a 12 month high of $13.23.

Rocky Mountain Chocolate Factory (NASDAQ:RMCF) last released its earnings results on Friday, January 12th. The company reported $0.13 EPS for the quarter. The business had revenue of $9.96 million for the quarter. Rocky Mountain Chocolate Factory had a return on equity of 16.86% and a net margin of 8.50%.

In other news, VP Gregory L. Pope sold 4,000 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $11.44, for a total transaction of $45,760.00. Following the transaction, the vice president now directly owns 26,678 shares of the company’s stock, valued at $305,196.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 10,993 shares of company stock worth $125,575 over the last ninety days. Insiders own 13.12% of the company’s stock.

Several large investors have recently made changes to their positions in the company. Rice Hall James & Associates LLC grew its stake in shares of Rocky Mountain Chocolate Factory by 1.2% during the third quarter. Rice Hall James & Associates LLC now owns 35,842 shares of the company’s stock valued at $375,000 after buying an additional 428 shares during the last quarter. Cardinal Capital Management grew its stake in shares of Rocky Mountain Chocolate Factory by 2.3% during the first quarter. Cardinal Capital Management now owns 32,270 shares of the company’s stock valued at $364,000 after buying an additional 727 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Rocky Mountain Chocolate Factory by 1.0% during the first quarter. Dimensional Fund Advisors LP now owns 184,231 shares of the company’s stock valued at $2,078,000 after buying an additional 1,871 shares during the last quarter. Algert Global LLC boosted its holdings in shares of Rocky Mountain Chocolate Factory by 15.1% during the second quarter. Algert Global LLC now owns 21,988 shares of the company’s stock worth $259,000 after purchasing an additional 2,880 shares during the period. Finally, O Shaughnessy Asset Management LLC boosted its holdings in shares of Rocky Mountain Chocolate Factory by 59.8% during the first quarter. O Shaughnessy Asset Management LLC now owns 9,526 shares of the company’s stock worth $107,000 after purchasing an additional 3,565 shares during the period. 40.10% of the stock is currently owned by hedge funds and other institutional investors.

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Rocky Mountain Chocolate Factory Company Profile

Rocky Mountain Chocolate Factory, Inc is an international franchisor, confectionery manufacturer and retail operator. The Company’s subsidiary, U-Swirl International, Inc (U-Swirl), franchises and operates soft-serve frozen yogurt stores. The Company operates through five segments: Franchising, Manufacturing, Retail Stores, U-Swirl operations and Other.

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