Tofutti Brands (OTCMKTS:TOFB) Stock Price Down 2.5%

Tofutti Brands Inc. (OTCMKTS:TOFB)’s stock price dropped 2.5% on Thursday . The stock traded as low as $0.78 and last traded at $0.78. Approximately 1,700 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 3,184 shares. The stock had previously closed at $0.80.

Tofutti Brands Stock Performance

The company has a quick ratio of 2.22, a current ratio of 5.34 and a debt-to-equity ratio of 0.01. The stock’s fifty day moving average is $0.82 and its two-hundred day moving average is $0.77. The firm has a market capitalization of $4.12 million, a price-to-earnings ratio of -11.43 and a beta of 1.21.

Tofutti Brands (OTCMKTS:TOFB) last released its quarterly earnings data on Wednesday, April 3rd. The company reported ($0.01) earnings per share for the quarter. Tofutti Brands had a negative return on equity of 9.53% and a negative net margin of 3.64%. The firm had revenue of $2.34 million for the quarter.

About Tofutti Brands

Tofutti Brands Inc engages in the development, production, and marketing of dairy free, vegan frozen desserts, cheeses, and other food products under the TOFUTTI brand in the United States, Europe, the Middle East, the Asia Pacific, and Africa. It offers frozen desserts, including frozen sandwiches and chocolate wafers; ice cream sandwiches; dairy free vegan cheese products, such as cream cheese, sour cream, dips, cheese slices, and dairy free ricotta cheese alternatives; spreads; and frozen food products.