|Bid||6.73 x 1400|
|Ask||6.82 x 3100|
|Day's range||6.53 - 6.84|
|52-week range||5.84 - 25.35|
|Beta (5Y monthly)||0.51|
|PE ratio (TTM)||N/A|
|Earnings date||10 Aug 2022 - 15 Aug 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||12.67|
Tattooed Chef, Inc. (TTCF) delivered earnings and revenue surprises of -69.23% and 11.88%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Investors aren't interested in unprofitable companies right now, even if they're growing revenue at an impressive rate.
Plant-based foods company Tattooed Chef (NASDAQ: TTCF) had a bumpy 2021, its first year as a public company. Sales fell short of what management originally guided for early in 2021 while inflation on costs like freight and higher sales of private-label products squeezed gross profit margins. The stock market has become more volatile over the past year, and investors are less likely to give unproven companies the benefit of the doubt.