Alert: Major Price Advance (6/21/21)-Rocky Mountain Chocolate Factory (NASDAQ: RMCF).

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Rocky Mountain Chocolate Factory (NASDAQ: RMCF) stock enjoyed a major increase of 10.0% on 6/21/21. The shares closed at $6.58. Moreover, exceptionally high trading volume at 299% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 8.6% during the last week.

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Current PriceTarget Research Rating

RMCF is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

RMCF has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. RMCF has a poor Appreciation Score of 17 but a good Power Rating of 75, and the Low Neutral Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

About John Lafferty 98309 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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