Mama’s Creations’ (MAMA) Buy Rating Reiterated at Roth Mkm

Roth Mkm reissued their buy rating on shares of Mama’s Creations (NASDAQ:MAMA) in a research note published on Thursday morning, Benzinga reports. Roth Mkm currently has a $6.50 price target on the stock, up from their prior price target of $6.00.

Several other research analysts also recently commented on MAMA. TheStreet raised Mama’s Creations from a c+ rating to a b- rating in a report on Thursday, February 22nd. Roth Capital restated a buy rating on shares of Mama’s Creations in a report on Thursday, February 1st. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of Buy and a consensus price target of $7.88.

Mama’s Creations Trading Up 8.3 %

Shares of Mama’s Creations stock opened at $6.00 on Thursday. Mama’s Creations has a 12-month low of $1.83 and a 12-month high of $6.07. The stock has a market capitalization of $223.56 million, a P/E ratio of 33.33 and a beta of 1.08. The company has a 50-day simple moving average of $4.95 and a 200 day simple moving average of $4.43. The company has a quick ratio of 1.24, a current ratio of 1.41 and a debt-to-equity ratio of 0.32.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of MAMA. Worth Venture Partners LLC acquired a new position in shares of Mama’s Creations during the fourth quarter valued at $63,000. Quadrature Capital Ltd acquired a new position in Mama’s Creations during the 4th quarter valued at about $182,000. B. Riley Wealth Advisors Inc. bought a new position in shares of Mama’s Creations in the 4th quarter valued at about $191,000. Pinnacle Holdings LLC acquired a new stake in shares of Mama’s Creations during the 4th quarter worth approximately $236,000. Finally, Jump Financial LLC bought a new stake in shares of Mama’s Creations during the fourth quarter worth approximately $323,000. 45.18% of the stock is currently owned by institutional investors.

Mama’s Creations Company Profile

Mama's Creations, Inc, together with its subsidiaries, manufactures and markets prepared refrigerated foods primarily in the United States. The company offers beef and turkey meatballs, meat loaf, chicken, sausage-related products, and pasta entrees; and hot bars, salad bars, prepared foods, sandwich, and cold deli and foods-to-go sections.