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Friday, September 29, 2023

Investors’ Patience Is Being Tested Right Now By Mama’s Creations Inc. (NASDAQ: MAMA)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Mama’s Creations Inc. (MAMA) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.17, or -4.28%, to $3.80. The Mama’s Creations Inc. has recorded 1,014 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Mama’s Creations to Host Second Quarter Fiscal 2024 Earnings Call on September 12 at 4:30 p.m. Eastern Time.

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Stocks Info

Mama’s Creations Inc. is listed on the NASDAQ as a member of the Consumer Defensive sector and is a part of the Packaged Foods industry. At the end of the last regular session, the stock closed at $3.97 and fluctuated between $4.1000 as its day high and $3.6700 as its day low. The current market capitalization of Mama’s Creations Inc. is $144.11M. A total of 0.58 million shares were traded on the day, compared to an average of 263.17K shares.

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, MAMA has seen 4 BUY and 1 SELL insider trades, representing the acquisition of 100,000 and the disposition of 7,272,523 shares. Over the last 12 months, there were 8 BUYs and 4 SELLs from insiders. Insiders purchased 300,000 shares during that period but sold 7,305,603.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for MAMA in the last 3 months, the mean price target is $4.63 with high estimates of $5.00 and low estimates of $4.25. In terms of 52-week highs and lows, MAMA has a high of $4.40 and a low of $0.93.

As of this writing, MAMA has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0. The company reported an EPS of $0.04 in the last quarter, which was 300.00% higher than expectations of $0.01.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MAMA’s latest balance sheet shows that the firm has $850.60k in Cash & Short Term Investments as of fiscal 2022. There were $15.44M in debt and $8.99M in liabilities at the time. Its Book Value Per Share was $0.38, while its Total Shareholder’s Equity was $8.11M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MAMA is Buy with a score of 4.50.

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