Tofutti Brands (OTCMKTS:TOFB) Shares Up 5.1% – What’s Next?

Tofutti Brands Inc. (OTCMKTS:TOFB)’s share price shot up 5.1% during trading on Monday . The company traded as high as $0.85 and last traded at $0.85. 105 shares were traded during mid-day trading, a decline of 96% from the average session volume of 2,622 shares. The stock had previously closed at $0.81.

Tofutti Brands Stock Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 8.66 and a quick ratio of 3.37. The company has a market cap of $4.39 million, a price-to-earnings ratio of -7.74 and a beta of 1.09. The business has a 50 day simple moving average of $0.83 and a 200 day simple moving average of $0.80.

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

About Tofutti Brands

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.