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Friday, September 29, 2023

Is Mama’s Creations Inc. (NASDAQ: MAMA) The Best Stock To Invest In?

After Hours

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. After-hours trades for Mama’s Creations Inc. (MAMA) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.09, or 2.11%, to $4.35. The Mama’s Creations Inc. has recorded 59,405 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Mama’s Creations Reports Second Quarter Fiscal 2024 Financial Results.

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Stocks Info

Mama’s Creations Inc. is listed on the NASDAQ in the Consumer Defensive sector while operating in the Packaged Foods industry. At the end of the last regular session, the stock closed at $4.26 and fluctuated between $4.5000 as its day high and $4.2600 as its day low. The current market capitalization of Mama’s Creations Inc. is $164.01M. A total of 0.58 million shares were traded on the day, compared to an average of 311.26K shares.

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. 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.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for MAMA in the last 3 months, the mean price target is $7.50 with high estimates of $8.50 and low estimates of $6.00. In terms of 52-week highs and lows, MAMA has a high of $4.70 and a low of $0.93.

As of this writing, MAMA has an earnings estimate of $0.04 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.05 per share and a lower estimate of $0.04. 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

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future 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 $0.43, while its Total Shareholder’s Equity was $8.11M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in 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 4.67.

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