- From an operational standpoint, revenue and profit margins have recovered over the last 12 months.
- Additionally, RMCF has maintained a pristine balance sheet since 2020 when Coronavirus hit the stock market, but it isn't ready to resume the dividend payments.
- RMCF has to evolve and develop a growth strategy that will deliver solid results in the foreseeable future.
- We advised the subscribers to our research to buy RMCF at $3 per share in August 2020.
- RMCF currently stands at about $7.50 per share and we advise investors to stay on the sidelines.
For further details see:
Rocky Mountain Chocolate Factory: Fairly Valued, In Need Of Growth Strategy