Tofutti Brands (OTCMKTS:TOFB) Trading 1.3% Higher – Should You Buy?

Tofutti Brands Inc. (OTCMKTS:TOFBGet Free Report) shares rose 1.3% on Friday . The stock traded as high as $0.76 and last traded at $0.76. Approximately 2,204 shares changed 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 Trading Up 1.3 %

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 business has a 50-day moving average price of $0.83 and a 200-day moving average price of $0.79.

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

About Tofutti Brands

(Get Free Report)

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.

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