ValuEngine upgraded shares of Mamamancini’s (OTCMKTS:MMMB) from a strong sell rating to a sell rating in a research report released on Thursday, ValuEngine reports.

Separately, Zacks Investment Research upgraded Mamamancini’s from a strong sell rating to a hold rating in a research note on Thursday, July 4th.

MMMB stock opened at $0.61 on Thursday. Mamamancini’s has a twelve month low of $0.33 and a twelve month high of $1.00. The firm has a market cap of $19.51 million, a PE ratio of 30.50 and a beta of 0.35. The business has a 50 day moving average of $0.49 and a 200 day moving average of $0.58.

Mamamancini’s (OTCMKTS:MMMB) last issued its earnings results on Thursday, September 12th. The company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01. Mamamancini’s had a negative return on equity of 125.89% and a net margin of 3.76%. The business had revenue of $8.10 million for the quarter. On average, equities research analysts predict that Mamamancini’s will post 0.05 earnings per share for the current year.

Mamamancini’s Company Profile

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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