Monterey Pasta Company has reported negative operational cashflow per share (OPS) for the quarter ended 31 December. The company’s OPS for the quarter was US$-0.18 per share, compared to US$-0.02 per share for the comparable quarter of the previous year.
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OPS for the 12 months ended 31 December reached a seven-year low of $-0.08 per share, compared to $0.13 per share the previous year.
StockDiagnostics.com has downgraded its OPS Ranking to “6” from its previous OPS Ranking of “3” – the company’s lowest rating for eight years.