Alert: Negative Investment/Fundamental Signals (1/2/24)-MamaMancini’s Holdings Inc (NASDAQ: MMMB)


Recent important negative changes in fundamentals have impacted MamaMancini’s Holdings Inc (NASDAQ: MMMB): the consensus estimate for January, 2023 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for January, 2024 decreased significantly.

MamaMancini’s Holdings Inc (NASDAQ: MMMB) suffers from meaningful negative changes in investment behavior: the stock fell on very heavy volume.

In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, MMMB is expected to continue to be a major Value Builder.

MamaMancini’s Holdings has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. MamaMancini’s Holdings has a neutral Appreciation Score of 50 but a very high Power Rating of 94, with the Positive Value Trend Rating the result.

Recent Price Action

On 1/2/24, MamaMancini’s Holdings Inc (NASDAQ: MMMB) stock rose slightly by 0.2%, closing at $4.92. Moreover, this advance was accompanied by exceptionally high trading volume at 239% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 3.1% during the last week.

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