Alert: Negative Investment/Fundamental Signals (9/26/24)-MamaMancini’s Holdings Inc (NASDAQ: MAMA)

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MamaMancini’s Holdings Inc (NASDAQ: MAMA) has recently experienced significant negative changes in fundamentals: the consensus estimate for January, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for January, 2025 decreased significantly.

Recent meaningful negative changes in investment behavior have impacted MamaMancini’s Holdings Inc (NASDAQ: MAMA): its shorter term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

MMMB is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

MamaMancini’s Holdings has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. MamaMancini’s Holdings has a poor Appreciation Score of 21 but a very high Power Rating of 90, producing the Neutral Value Trend Rating.

Recent Price Action

On 9/26/24, MamaMancini’s Holdings Inc (NASDAQ: MAMA) stock declined by -3.3%, closing at $7.33. Trading volume in this decline was normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -3.6% during the last week.

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