Exclusive: Pro-Tofutti Brands Inc Institutional Investors Sentiment Runs High in Q2 2016

November 22, 2016 - By Louis Casey   ·   0 Comments

Exclusive: Pro Tofutti Brands Inc Institutional Investors Sentiment Runs High in  Q2 2016

Sentiment for Tofutti Brands Inc (OTCMKTS:TOFB)

Tofutti Brands Inc (OTCMKTS:TOFB) institutional sentiment is 2 in Q2 2016. Its the same as in 2016Q1. The ratio is the same, as only 2 funds increased or opened new holdings, while 1 decreased and sold their holdings in Tofutti Brands Inc. The funds in our partner’s database now own: 151,366 shares, down from 151,602 shares in 2016Q1. Also, the number of funds holding Tofutti Brands Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 1 Increased: 2 New Position: 0.

Tofutti Brands Inc. is engaged in the development, production and marketing of TOFUTTI brand non-dairy frozen desserts and other food products. The company has a market cap of $9.02 million. TOFUTTI products are soy-based, non-dairy products, which contain no butterfat, cholesterol or lactose. It has a 111.39 P/E ratio. The Firm operates through the segment of development, production and marketing of soy-based, non-dairy frozen desserts, frozen food products and soy cheese products.

About 12,300 shares traded hands or 65.48% up from the average. Tofutti Brands Inc. (OTCMKTS:TOFB) has declined 42.86% since April 20, 2016 and is downtrending. It has underperformed by 47.41% the S&P500.

According to Zacks Investment Research, “TOFUTTI BRANDS is engaged in the development, production and marketing of TOFUTTI brand nondairy frozen desserts and other food products. The Company’s products are non-dairy, soya-based products which contain no butterfat, cholesterol or lactose. The Company’s products are 100% milk free yet offer the same texture and full-bodied taste as their dairy counterparts. The Company’s products are also free of cholesterol and derive their fat from soy and corn, both naturally lower in saturated fat than dairy products. TOFUTTI products are sold in grocery stores, supermarkets, health and convenience stores throughout the United States and in approximately twenty-five other countries.”

TOFB Company Profile

Tofutti Brands Inc., incorporated on December 4, 1984, is engaged in the development, production and marketing of TOFUTTI brand non-dairy frozen desserts and other food products. TOFUTTI products are soy-based, non-dairy products, which contain no butterfat, cholesterol or lactose. The Firm operates through the segment of development, production and marketing of soy-based, non-dairy frozen desserts, frozen food products and soy cheese products. The Company’s products are also free of cholesterol and derive their fat from soy and corn. With the exception of Mintz’s Blintzes, all of its products are completely vegan and its soy-cheese products are gluten free as well. In addition, all of its products are certified kosher-parve and all of its soy-cheese products are certified halal. The Company’s non-dairy products include frozen desserts, soy cheeses and spreads, and other frozen food products. The Firm sells its dairy-free frozen dessert products, frozen entrees and soy-cheese products in various markets in the United States, including Atlanta, Baltimore, Boston, Charlotte, Chicago, Cincinnati, Cleveland, Dallas, Denver, Detroit, Houston, Kansas City, Los Angeles, Miami, Milwaukee, Minneapolis, Nashville, New York, Orlando, Philadelphia, Phoenix, Portland, Richmond, Salt Lake City, San Diego, San Francisco, Seattle, St. Louis, Tampa and Washington, D.C.

More notable recent Tofutti Brands Inc. (OTCMKTS:TOFB) news were published by: Thestreet.com which released: “Tofutti Brands Inc Stock Upgraded (TOF)” on May 15, 2014, also Prnewswire.com with their article: “Tofutti Brands Inc. Announces Notification of NYSE MKT Listing Deficiency” published on April 02, 2015, Marketwatch.com published: “Tofutti Brands Inc.” on November 15, 2016. More interesting news about Tofutti Brands Inc. (OTCMKTS:TOFB) were released by: Prnewswire.com and their article: “Tofutti Announces Engagement of BDA Advisers, Inc. to Assist in a Review of …” published on September 30, 2016 as well as Streetinsider.com‘s news article titled: “Tofutti Brands (TOF) Will Begin Trading OTC; Symbol Remains ‘TOF'” with publication date: October 24, 2016.

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By Louis Casey

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