Tofutti Brands (OTCMKTS:TOFB) Issues Earnings Results

Tofutti Brands (OTCMKTS:TOFB) issued its quarterly earnings data on Friday. The company reported ($0.07) EPS for the quarter, Zacks reports. Tofutti Brands had a negative return on equity of 17.00% and a negative net margin of 6.78%.

Tofutti Brands Price Performance

Shares of OTCMKTS TOFB remained flat at $0.80 during mid-day trading on Friday. Tofutti Brands has a fifty-two week low of $0.60 and a fifty-two week high of $0.92. The firm’s 50 day moving average price is $0.71 and its 200 day moving average price is $0.76. The company has a market capitalization of $4.12 million, a price-to-earnings ratio of -6.67 and a beta of 0.96. The company has a current ratio of 11.14, a quick ratio of 3.85 and a debt-to-equity ratio of 0.01.

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.