Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF – Get Free Report) major shareholder Heritage Railways In American sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $2.45, for a total transaction of $122,500.00. Following the sale, the insider owned 860,000 shares in the company, valued at $2,107,000. This represents a 5.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Heritage Railways In American also recently made the following trade(s):
- On Friday, May 1st, Heritage Railways In American sold 35,900 shares of Rocky Mountain Chocolate Factory stock. The stock was sold at an average price of $2.45, for a total transaction of $87,955.00.
- On Thursday, March 5th, Heritage Railways In American sold 8,918 shares of Rocky Mountain Chocolate Factory stock. The stock was sold at an average price of $2.60, for a total transaction of $23,186.80.
- On Wednesday, March 4th, Heritage Railways In American sold 11,297 shares of Rocky Mountain Chocolate Factory stock. The shares were sold at an average price of $2.60, for a total transaction of $29,372.20.
- On Friday, February 27th, Heritage Railways In American sold 5,241 shares of Rocky Mountain Chocolate Factory stock. The shares were sold at an average price of $2.60, for a total value of $13,626.60.
- On Thursday, February 26th, Heritage Railways In American sold 18,715 shares of Rocky Mountain Chocolate Factory stock. The stock was sold at an average price of $2.61, for a total value of $48,846.15.
- On Wednesday, February 25th, Heritage Railways In American sold 430 shares of Rocky Mountain Chocolate Factory stock. The shares were sold at an average price of $2.60, for a total value of $1,118.00.
- On Friday, February 20th, Heritage Railways In American sold 7,499 shares of Rocky Mountain Chocolate Factory stock. The shares were sold at an average price of $2.60, for a total value of $19,497.40.
- On Thursday, February 19th, Heritage Railways In American sold 2,000 shares of Rocky Mountain Chocolate Factory stock. The shares were sold at an average price of $2.62, for a total value of $5,240.00.
Rocky Mountain Chocolate Factory Price Performance
RMCF stock opened at $2.54 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.66 and a debt-to-equity ratio of 1.29. Rocky Mountain Chocolate Factory, Inc. has a 12-month low of $1.14 and a 12-month high of $2.99. The company has a 50 day moving average of $2.35 and a two-hundred day moving average of $2.08. The company has a market cap of $23.70 million, a price-to-earnings ratio of -4.88 and a beta of 0.70.
Institutional Investors Weigh In On Rocky Mountain Chocolate Factory
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Rocky Mountain Chocolate Factory in a research note on Monday, March 30th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.
View Our Latest Stock Analysis on RMCF
Rocky Mountain Chocolate Factory Company Profile
Rocky Mountain Chocolate Factory, Inc is a specialty chocolate confectionery franchisor and manufacturer headquartered in Durango, Colorado. Established in 1981, the company develops, produces and markets a range of premium chocolate products, including truffles, caramels, toffees, fudge, nuts, dipped fruits and caramel apples. It operates company-owned retail stores as well as a franchised network, supplying handcrafted confections and related gift items through more than 300 retail locations across North America and select international markets.
From its origins as a single store in downtown Durango, Rocky Mountain Chocolate Factory introduced its first franchised outlets in the mid-1980s and completed a public offering in 1985.
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