Tofutti Brands (OTCMKTS:TOFB) Stock Price Down 10.7%

Shares of Tofutti Brands Inc. (OTCMKTS:TOFB) fell 10.7% on Thursday . The company traded as low as $0.73 and last traded at $0.73. 250 shares changed hands during mid-day trading, a decline of 91% from the average session volume of 2,907 shares. The stock had previously closed at $0.82.

Tofutti Brands Stock Performance

The firm has a market capitalization of $3.76 million, a P/E ratio of -6.64 and a beta of 1.10. The stock has a fifty day simple moving average of $0.77 and a two-hundred day simple moving average of $0.79. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.01 and a quick ratio of 2.12.

Tofutti Brands (OTCMKTS:TOFB) last released its quarterly earnings data on Tuesday, May 14th. The company reported ($0.06) EPS for the quarter. The firm had revenue of $2.21 million for the quarter. Tofutti Brands had a negative net margin of 5.79% and a negative return on equity of 15.28%.

About Tofutti Brands

Tofutti Brands Inc engages in the development, production, and marketing of 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. It offers frozen desserts, including frozen sandwiches and chocolate wafers; ice cream sandwiches; dairy free vegan cheese products, such as cream cheese, sour cream, dips, cheese slices, and dairy free ricotta cheese alternatives; spreads; and frozen food products.