Roth Mkm Reiterates “Buy” Rating for Mama’s Creations (NASDAQ:MAMA)

Mama’s Creations (NASDAQ:MAMA)‘s stock had its “buy” rating reiterated by investment analysts at Roth Mkm in a research report issued on Thursday, Benzinga reports. They currently have a $6.50 price target on the stock, up from their prior price target of $6.00. Roth Mkm’s price target would indicate a potential upside of 8.33% from the stock’s current price.

A number of other analysts also recently issued reports on MAMA. Roth Capital reiterated a “buy” rating on shares of Mama’s Creations in a report on Thursday, February 1st. TheStreet upgraded shares of Mama’s Creations from a “c+” rating to a “b-” rating in a report on Thursday, February 22nd. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $7.88.

Mama’s Creations Stock Up 8.3 %

Shares of NASDAQ MAMA opened at $6.00 on Thursday. The firm has a market capitalization of $223.56 million, a PE ratio of 33.33 and a beta of 1.08. The company has a current ratio of 1.41, a quick ratio of 1.24 and a debt-to-equity ratio of 0.32. Mama’s Creations has a 1 year low of $1.83 and a 1 year high of $6.07. The firm’s 50-day moving average is $4.95 and its 200-day moving average is $4.43.

Hedge Funds Weigh In On Mama’s Creations

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MAMA. Worth Venture Partners LLC bought a new position in Mama’s Creations during the fourth quarter worth $63,000. Quadrature Capital Ltd bought a new stake in shares of Mama’s Creations in the fourth quarter valued at about $182,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of Mama’s Creations in the fourth quarter valued at about $191,000. Pinnacle Holdings LLC bought a new stake in shares of Mama’s Creations in the fourth quarter valued at about $236,000. Finally, Jump Financial LLC bought a new stake in shares of Mama’s Creations in the fourth quarter valued at about $323,000. 45.18% of the stock is owned by institutional investors.

About Mama’s Creations

Mama's Creations, Inc, together with its subsidiaries, manufactures and markets prepared refrigerated foods primarily in the United States. The company offers beef and turkey meatballs, meat loaf, chicken, sausage-related products, and pasta entrees; and hot bars, salad bars, prepared foods, sandwich, and cold deli and foods-to-go sections.