Is This Stock a Screaming Buy: Rocky Mountain Chocolate Factory Inc. (NASDAQ:RMCF)

Equity Research firms currently have a positive stance on shares of Rocky Mountain Chocolate Factory Inc. (NASDAQ:RMCF). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $18.00 on a short term basis.

At the time of writing, the stock was trading at $10.29. This represents a change from the opening price of 0.00%. In terms of performance, year to date, the stock is -4.65%. The monthly stock performance comes in at -3.57%. For the quarter, shares are performing at 1.28%. Weekly performance analysis shows the equity at -2.01%.

In taking a look at technical levels, shares are trading -1.49% away from the 50 day simple moving average and 0.57% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -15.38% away from it’s 52- week high and 10.65% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Rocky Mountain Chocolate Factory Inc.’s RSI stands at 48.65. In looking at volatility levels, the shares saw weekly volatility of 2.12% and 2.40% over the past month.

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