Tofutti Brands (OTCMKTS:TOFB) Trading Up 1.3% – Here’s What Happened

Tofutti Brands Inc. (OTCMKTS:TOFB) was up 1.3% during mid-day trading on Friday . The stock traded as high as $0.76 and last traded at $0.76. Approximately 2,204 shares traded hands during trading, a decline of 20% from the average daily volume of 2,771 shares. The stock had previously closed at $0.75.

Tofutti Brands Price Performance

The company has a current ratio of 8.66, a quick ratio of 3.37 and a debt-to-equity ratio of 0.01. The firm has a market cap of $3.91 million, a price-to-earnings ratio of -12.67 and a beta of 1.10. The company’s 50-day moving average is $0.83 and its 200-day moving average is $0.79.

Tofutti Brands (OTCMKTS:TOFB) last issued its quarterly earnings results on Thursday, August 15th. The company reported ($0.01) EPS for the quarter. The business had revenue of $2.28 million for the quarter. Tofutti Brands had a negative return on equity of 7.69% and a negative net margin of 3.00%.

Tofutti Brands Company Profile

Tofutti Brands Inc engages in the development, production, and marketing of plant based, 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. The company offers frozen desserts, including frozen sandwiches and chocolate wafers; ice cream sandwiches; dairy free vegan cheese products, such as cream cheese, sour cream, cheese slices, and dairy free ricotta cheese alternatives; spreads; and frozen food products.