Media coverage about Castle Brands (NYSE:ROX) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Castle Brands earned a coverage optimism score of 0.03 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 83 out of 100, indicating that recent news coverage is very likely to have an effect on the company’s share price in the near future.

These are some of the news stories that may have effected Accern’s scoring:

Shares of Castle Brands (ROX) traded down 1.09% during trading on Friday, hitting $1.82. The stock had a trading volume of 642,036 shares. Castle Brands has a 1-year low of $0.65 and a 1-year high of $2.22. The company’s market capitalization is $296.88 million. The firm has a 50 day moving average of $1.85 and a 200 day moving average of $1.28.

Castle Brands (NYSE:ROX) last posted its quarterly earnings data on Wednesday, June 14th. The company reported $0.00 earnings per share (EPS) for the quarter. The company had revenue of $22.58 million during the quarter, compared to analyst estimates of $21.46 million. Castle Brands had a return on equity of 6.81% and a net margin of 3.10%. Analysts expect that Castle Brands will post $0.02 EPS for the current fiscal year.

Separately, Zacks Investment Research downgraded Castle Brands from a “buy” rating to a “hold” rating in a report on Wednesday, April 19th.

COPYRIGHT VIOLATION NOTICE: “Somewhat Favorable Media Coverage Very Likely to Affect Castle Brands (ROX) Share Price” was first reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright law. The original version of this story can be read at https://www.thecerbatgem.com/2017/07/16/castle-brands-rox-earns-coverage-optimism-score-of-0-03-updated-updated-updated.html.

Castle Brands Company Profile

Castle Brands Inc develops and markets premium and super premium brands in the beverage alcohol categories. The Company is engaged in the sale of premium beverage alcohol. Its beverage alcohol categories include rum, whiskey, liqueurs, vodka and tequila. Its brands include Gosling’s rum, Gosling’s Stormy Ginger Beer, Gosling’s Dark ‘n Stormy ready-to-drink cocktail, Jefferson’s bourbon, Jefferson’s Reserve, Jefferson’s Ocean Aged at Sea, Jefferson’s Wine Finish Collection, Jefferson’s The Manhattan: Barrel Finished Cocktail, Jefferson’s Chef’s Collaboration, Jefferson’s Wood Experiment, Jefferson’s Presidential Select, Jefferson’s Rye whiskey, Pallini liqueurs, Clontarf Irish whiskey, Knappogue Castle Whiskey, Brady’s Irish Cream, Boru vodka, Tierras tequila, Celtic Honey liqueur and Gozio amaretto.

Insider Buying and Selling by Quarter for Castle Brands (NYSE:ROX)

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