Mamamancini’s (OTCMKTS:MMMB) is scheduled to post its quarterly earnings results before the market opens on Monday, December 9th. Analysts expect Mamamancini’s to post earnings of $0.02 per share for the quarter.
Mamamancini’s (OTCMKTS:MMMB) last announced its earnings results on Thursday, September 12th. The company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. The company had revenue of $8.10 million during the quarter. Mamamancini’s had a net margin of 3.76% and a negative return on equity of 125.89%. On average, analysts expect Mamamancini’s to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Mamamancini’s stock opened at $0.78 on Friday. The company’s fifty day simple moving average is $0.67 and its 200-day simple moving average is $0.57. The stock has a market capitalization of $24.45 million, a PE ratio of 39.00 and a beta of 0.45. Mamamancini’s has a 1-year low of $0.33 and a 1-year high of $0.90.
Several research analysts have recently commented on MMMB shares. Taglich Brothers reaffirmed a “speculative buy” rating on shares of Mamamancini’s in a research note on Tuesday, October 1st. Zacks Investment Research downgraded Mamamancini’s from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, ValuEngine raised shares of Mamamancini’s from a “sell” rating to a “hold” rating in a report on Thursday.
Mamamancini’s Company Profile
MamaMancini's Holdings, Inc manufactures and distributes prepared, frozen, and refrigerated food products primarily in the United States. The company offers beef, turkey, chicken, and pork meatballs with sauce; meatloaf and Italian entrees; and meats and sauces. It sells its products through a commission broker network to supermarkets and mass-market retailers, and food distributors.
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