Mama’s Creations Inc. (MAMA) expanding its growth trajectory ahead

With 0.84 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.26 million shares. During the session, the Packaged Foods company that operates in wider Consumer Defensive sector, reached to the highest price of $6.07 whereas the lowest price it dropped to was $5.5501. The 52-week range on MAMA shows that it touched its highest point at $5.79 and its lowest point at $1.83 during that stretch. It currently has a 1-year price target of $7.88. Beta for the stock currently stands at 1.07.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MAMA was up-trending over the past week, with a rise of 17.42%, but this was up by 21.46% over a month. Three-month performance surged to 37.30% while six-month performance rose 58.73%. The stock gained 219.15% in the past year, while it has gained 22.20% so far this year. A look at the trailing 12-month EPS for MAMA yields 0.18 with Next year EPS estimates of 0.23. For the next quarter, that number is 0.02. This implies an EPS growth rate of -4.41% for this year and 43.08% for next year.

Float and Shares Shorts:

At present, 37.03 million MAMA shares are outstanding with a float of 33.26 million shares on hand for trading. On 2024-04-15, short shares totaled 0.56 million, which was 150.0 higher than short shares on 1710460800. In addition to Mr. Adam L. Michaels as the firm’s CEO & Chairman, Mr. Anthony J. Gruber serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.47897 of MAMA’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-01-31, MAMA reported revenue of $26725000.0 and operating income of $1965000.0. The EBITDA in the recently reported quarter was $2756000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MAMA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.