Mama’s Creations Inc [NASDAQ: MAMA] traded at a high on Friday, posting a 2.15 gain after which it closed the day’ session at $7.12.
The results of the trading session contributed to over 122815 shares changing hands. Over the past one week, the price volatility of Mama’s Creations Inc stands at 2.60% while the volatility over the past one month is 2.09%.
The market cap for MAMA stock reached $267.70 million, with 37.60 million shares outstanding and 33.33 million shares in the current float. Compared to the average trading volume of 276.54K shares, MAMA reached a trading volume of 122815 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Mama’s Creations Inc [MAMA]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MAMA shares is $11.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MAMA stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
ROTH MKM have made an estimate for Mama’s Creations Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 01, 2024. While these analysts kept the previous recommendation, Maxim Group raised their target price to Buy. The new note on the price target was released on December 20, 2023, representing the official price target for Mama’s Creations Inc stock.
The Average True Range (ATR) for Mama’s Creations Inc is set at 0.32, with the Price to Sales ratio for MAMA stock in the period of the last 12 months amounting to 2.17. The Price to Book ratio for the last quarter was 10.75, with the Price to Cash per share for the same quarter was set at 0.19. Price to Free Cash Flow for MAMA in the course of the last twelve months was 3346.25 with Quick ratio for the last quarter at 1.00.
How has MAMA stock performed recently?
Mama’s Creations Inc [MAMA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.94. With this latest performance, MAMA shares gained by 13.74% in over the last four-week period, additionally sinking by -14.63% over the last 6 months – not to mention a rise of 2.30% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MAMA stock in for the last two-week period is set at 62.17, with the RSI for the last a single of trading hit 66.25, and the three-weeks RSI is set at 58.58 for Mama’s Creations Inc [MAMA]. The present Moving Average for the last 50 days of trading for this stock 6.57, while it was recorded at 7.01 for the last single week of trading, and 7.46 for the last 200 days.
Mama’s Creations Inc [MAMA]: Deeper insight into the fundamentals
Mama’s Creations Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.28.
Insider trade positions for Mama’s Creations Inc [MAMA]
There are presently around $73.25%, or 81.67%% of MAMA stock, in the hands of institutional investors. The top three institutional holders of MAMA stocks are: WASATCH ADVISORS LP with ownership of 3.97 million shares, which is approximately 10.6353%. VANGUARD GROUP INC, holding 1.73 million shares of the stock with an approximate value of $$11.63 million in MAMA stocks shares; and VANGUARD GROUP INC, currently with $$11.44 million in MAMA stock with ownership which is approximately 4.5471%.
