MAMA Stock Summary and Trading Ideas (Mama`S Creations | NASDAQ:MAMA)

Mama`s Creations Inc is a marketer and manufacturer of fresh deli-prepared foods, found in over 8,400 grocery, mass, club, and convenience stores nationally. The company's broad product portfolio, born from a rich history in Italian foods, now consists of a variety of high-quality, fresh, clean, and easy-to-prepare foods to address the needs of both consumers and retailers.

Mama`S Creations trades on the NASDAQ stock market under the symbol MAMA.

As of December 13, 2024, MAMA stock price declined to $9.47 with 340,214 million shares trading.

MAMA has a beta of 1.29, meaning it tends to be more sensitive to market movements. MAMA has a correlation of 0.11 to the broad based SPY ETF.

MAMA has a market cap of $355.86 million. This is considered a Small Cap stock.

Last quarter Mama`S Creations reported $28 million in Revenue and $.03 earnings per share. This beat revenue expectation by $232,000 and exceeded earnings estimates by $.01.

The top ETF exchange traded funds that MAMA belongs to (by Net Assets): IWM, VTI, VXF, IWO, VTWO.

MAMA has outperformed the market in the last year with a return of +134.4%, while the SPY ETF gained +29.9%. In the last 3 month period, MAMA beat the market returning +19.0%, while SPY returned +7.8%. However, in the most recent 2 weeks MAMA has underperformed the stock market by returning -3.1%, while SPY returned +0.3%.

MAMA support price is $9.13 and resistance is $9.85 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MAMA shares will trade within this expected range on the day.