Tofutti Brands (OTCMKTS:TOFB) Stock Rating Upgraded by ValuEngine

Tofutti Brands (OTCMKTS:TOFB) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Thursday, ValuEngine reports.

Shares of Tofutti Brands stock traded down $0.04 during midday trading on Thursday, hitting $2.31. The company had a trading volume of 252 shares, compared to its average volume of 2,998. The stock has a market capitalization of $12.13 million, a PE ratio of 20.25 and a beta of 1.36. The company has a current ratio of 5.36, a quick ratio of 2.69 and a debt-to-equity ratio of 0.13. The business has a fifty day moving average price of $2.35. Tofutti Brands has a 12-month low of $1.45 and a 12-month high of $3.17.

About Tofutti Brands

Tofutti Brands, Inc engages in the development, production, and marketing of TOFUTTI branded dairy free frozen desserts and other food products in the United States and internationally. It offers frozen desserts, including frozen sandwiches and chocolate-coated crispy cones; dairy free vegan cheese products, such as cream cheese, sour cream, cheese slices, and dairy free ricotta cheese alternatives; spreads; and frozen food products comprising frozen crepes.

Read More: Buy Rating

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

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