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.
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.
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.