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Somewhat Favorable News Coverage Somewhat Unlikely to Impact Rocky Mountain Chocolate Factory (RMCF) Stock Price
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Rocky Mountain Chocolate Factory (NASDAQ RMCF) traded up 0.347% during midday trading on Friday, hitting $11.565. The stock had a trading volume of 5,004 shares. The company has a 50-day moving average of $11.45 and a 200-day moving average of $11.58. Rocky Mountain Chocolate Factory has a 1-year low of $9.65 and a 1-year high of $13.23. The stock has a market cap of $67.76 million, a price-to-earnings ratio of 19.275 and a beta of 0.90.
Rocky Mountain Chocolate Factory (NASDAQ:RMCF) last posted its quarterly earnings results on Thursday, July 6th. The company reported $0.14 earnings per share for the quarter. The business had revenue of $9.35 million during the quarter. Rocky Mountain Chocolate Factory had a net margin of 9.23% and a return on equity of 18.66%. Equities research analysts forecast that Rocky Mountain Chocolate Factory will post $0.71 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Tuesday, September 5th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date is Thursday, August 31st. Rocky Mountain Chocolate Factory’s payout ratio is 81.36%.
In other Rocky Mountain Chocolate Factory news, VP Gregory L. Pope sold 4,100 shares of the business’s stock in a transaction dated Thursday, July 13th. The shares were sold at an average price of $11.08, for a total value of $45,428.00. Following the transaction, the vice president now owns 30,311 shares in the company, valued at $335,845.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 6,889 shares of company stock worth $76,653 in the last 90 days. Corporate insiders own 13.12% of the company’s stock.
About Rocky Mountain Chocolate Factory
Rocky Mountain Chocolate Factory, Inc is an international franchisor, confectionery manufacturer and retail operator. The Company’s subsidiary, U-Swirl International, Inc (U-Swirl), franchises and operates soft-serve frozen yogurt stores. The Company operates through five segments: Franchising, Manufacturing, Retail Stores, U-Swirl operations and Other.