Earnings is just around the corner for Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) as the firm is slated to issue their report on 1/10/2017 8:30:00 AM. The firm has most recently posted quarter over quarter growth of 27.80% and sales growth of -7.50% quarter over quarter.
In terms of the trend lines, Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) shares are currently -10.02% off of their 52-week high and 6.84% off from the 52-week low point. The stock is -0.27% from the 200-day moving average and 0.47% from the 50-day average. The Relative Strength Index for the stock stands at 50.71.
Increased volatility should be expected heading into and immediately after the Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) earnings report. According to the most recent data, the average true range stands at 0.19 which is a measure of the most recent volatility. The number is an exponential 14-day moving average of the True Ranges (range of each trading day’s high and low). The average volatility for the week stands at 2.28% and 1.78% for the past month. The relative volume (ratio between current volume and 3-month average) stands at 1.17.
So is there any potential upside for the stock if Rocky Mountain Chocolate Factory, Inc. is able to meet or beat earnings? Analysts, on a consensus basis have a $18.00 on the stock, compared to a recent bid of $10.15. The average broker recommendation yields a score of 1.00, which is an integer based calculation from all of the buy, sell and hold recommendations from sell-side analysts.
Heading into the earnings report, 12.60% shares are held by company insiders. On the institutional front, 37.20% of Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) are owned by firms or funds. Over the past few months, insider transactions have trended -3.58% while institutions saw a change of 0.65% in company stock.
Year to date, Rocky Mountain Chocolate Factory, Inc. (NASDAQ:RMCF) holders have seen returns of -0.59%. Over the past month the stock moved 1.33% and most recently shares over the past five trading days have moved 1.20%.