Mamamancini’s Holdings Inc (MMMB) to Post Q3 2019 Earnings of $0.01 Per Share, Taglich Brothers Forecasts
Mamamancini’s Holdings Inc (OTCMKTS:MMMB) – Equities research analysts at Taglich Brothers dropped their Q3 2019 earnings per share (EPS) estimates for Mamamancini’s in a research note issued on Monday, September 24th. Taglich Brothers analyst H. Halpern now anticipates that the company will post earnings of $0.01 per share for the quarter, down from their prior estimate of $0.03. Taglich Brothers also issued estimates for Mamamancini’s’ FY2019 earnings at $0.03 EPS, Q1 2020 earnings at $0.02 EPS, Q3 2020 earnings at $0.03 EPS, Q4 2020 earnings at $0.04 EPS and FY2020 earnings at $0.10 EPS.
Shares of MMMB stock opened at $0.65 on Thursday. The company has a current ratio of 0.52, a quick ratio of 0.34 and a debt-to-equity ratio of -0.79. Mamamancini’s has a one year low of $0.51 and a one year high of $1.93. The stock has a market cap of $22.06 million, a PE ratio of 65.20 and a beta of 0.27.
MamaMancini's Holdings, Inc manufactures and distributes prepared, frozen, and refrigerated food products primarily in the United States. The company offers beef, turkey, chicken, and pork meatballs with sauce; meatloaf and Italian entrees; and meats and sauces. It sells its products through a commission broker network to supermarkets and mass-market retailers, and food distributors.
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