Mama's Creations (NASDAQ:MAMA) Receives Buy Rating from Roth Mkm

Roth Mkm reissued their buy rating on shares of Mama's Creations (NASDAQ:MAMA - Free Report) in a research note published on Thursday morning, Benzinga reports. They currently have a $6.50 price objective on the stock, up from their previous price objective of $6.00.

A number of other equities research analysts also recently commented on MAMA. Roth Capital reaffirmed a buy rating on shares of Mama's Creations in a research report on Thursday, February 1st. TheStreet upgraded Mama's Creations from a c+ rating to a b- rating in a report on Thursday, February 22nd. Five research 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 Trading Up 9.3 %

NASDAQ MAMA traded up $0.47 during mid-day trading on Thursday, reaching $5.54. 1,728,807 shares of the stock were exchanged, compared to its average volume of 281,224. The stock has a market capitalization of $207.47 million, a PE ratio of 27.70 and a beta of 1.08. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.24 and a current ratio of 1.42. Mama's Creations has a 1-year low of $1.83 and a 1-year high of $5.79. The business's fifty day simple moving average is $4.91 and its 200 day simple moving average is $4.42.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Thompson Siegel & Walmsley LLC purchased a new stake in Mama's Creations during the fourth quarter valued at about $3,389,000. Jump Financial LLC purchased a new stake in shares of Mama's Creations during the 4th quarter worth about $323,000. Heartland Advisors Inc. purchased a new stake in shares of Mama's Creations during the 4th quarter worth about $4,664,000. Navellier & Associates Inc. acquired a new stake in Mama's Creations during the 4th quarter worth approximately $571,000. Finally, Worth Venture Partners LLC purchased a new position in Mama's Creations in the fourth quarter valued at approximately $63,000. 45.18% of the stock is owned by hedge funds and other institutional investors.

About Mama's Creations

Mama's Creations, Inc 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.