Mama’s Creations (NASDAQ:MAMA) Rating Reiterated by Roth Mkm

Mama’s Creations (NASDAQ:MAMA)‘s stock had its “buy” rating reissued by analysts at Roth Mkm in a report released on Thursday, Benzinga reports. They currently have a $6.50 target price on the stock, up from their previous target price of $6.00. Roth Mkm’s target price would indicate a potential upside of 16.07% from the stock’s previous close.

A number of other equities research analysts have also weighed in on MAMA. Roth Capital reaffirmed a “buy” rating on shares of Mama’s Creations in a research note on Thursday, February 1st. TheStreet raised shares of Mama’s Creations from a “c+” rating to a “b-” rating in a research note on Thursday, February 22nd. Four equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Mama’s Creations has a consensus rating of “Buy” and a consensus price target of $7.38.

Mama’s Creations Trading Up 10.5 %

Shares of MAMA traded up $0.53 during trading hours on Thursday, reaching $5.60. 978,843 shares of the company traded hands, compared to its average volume of 269,529. The company’s fifty day moving average price is $4.89 and its two-hundred day moving average price is $4.41. The company has a market capitalization of $209.72 million, a price-to-earnings ratio of 28.00 and a beta of 1.08. The company has a quick ratio of 1.24, a current ratio of 1.42 and a debt-to-equity ratio of 0.42. Mama’s Creations has a 12 month low of $1.83 and a 12 month high of $5.76.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Rice Hall James & Associates LLC purchased a new position in Mama’s Creations during the 1st quarter valued at about $2,121,000. Diversified Investment Strategies LLC purchased a new position in Mama’s Creations in the first quarter worth about $475,000. Quadrature Capital Ltd purchased a new position in Mama’s Creations in the fourth quarter worth about $182,000. B. Riley Wealth Advisors Inc. purchased a new position in shares of Mama’s Creations during the fourth quarter valued at approximately $191,000. Finally, Perritt Capital Management Inc. purchased a new position in shares of Mama’s Creations during the fourth quarter valued at approximately $1,369,000. 45.18% of the stock is owned by hedge funds and other institutional investors.

About Mama’s Creations

Mama's Creations, Inc manufactures and markets prepared refrigerated foods primarily in the United States. The company offers beef and turkey meatballs, meat loaf, chicken, sausage-related products, and pasta entrees; and hot bars, salad bars, prepared foods, sandwich, and cold deli and foods-to-go sections.