Mamamancini’s (OTCMKTS:MMMB) Rating Lowered to Sell at ValuEngine

Mamamancini’s (OTCMKTS:MMMB) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a report issued on Wednesday, ValuEngine reports.

Separately, Zacks Investment Research raised shares of Mamamancini’s from a “hold” rating to a “buy” rating and set a $1.75 target price for the company in a report on Saturday, February 8th.

MMMB stock opened at $1.10 on Wednesday. The firm has a fifty day moving average price of $1.23 and a 200 day moving average price of $0.96. Mamamancini’s has a fifty-two week low of $0.33 and a fifty-two week high of $1.59. The company has a debt-to-equity ratio of 98.07, a quick ratio of 1.05 and a current ratio of 1.44. The firm has a market cap of $34.48 million, a PE ratio of 36.68 and a beta of 0.69.

Mamamancini’s Company Profile

MamaMancini's Holdings, Inc manufactures and distributes prepared, frozen, and refrigerated food products primarily in the United States. The company offers beef, turkey, chicken, and pork meatballs with sauce; meatloaf and Italian entrees; and meats and sauces. It sells its products through a commission broker network to supermarkets and mass-market retailers, and food distributors.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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