Tofutti Brands (OTCMKTS:TOFB) Posts Earnings Results

Tofutti Brands (OTCMKTS:TOFB) announced its quarterly earnings data on Wednesday. The company reported ($0.03) EPS for the quarter, Zacks reports. Tofutti Brands had a negative net margin of 8.74% and a negative return on equity of 23.29%.

Tofutti Brands Price Performance

TOFB stock traded up $0.01 during midday trading on Wednesday, hitting $0.73. The stock had a trading volume of 500 shares, compared to its average volume of 4,020. The company’s 50-day moving average price is $0.71 and its 200 day moving average price is $0.71. The firm has a market cap of $3.75 million, a PE ratio of -5.20 and a beta of 0.86. Tofutti Brands has a 12-month low of $0.51 and a 12-month high of $0.92.

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.