Inventure Foods (NASDAQ:SNAK) Receives Media Sentiment Rating of 0.22
News articles about Inventure Foods (NASDAQ:SNAK) have trended somewhat positive on Monday, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Inventure Foods earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave news stories about the company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an impact on the stock’s share price in the near term.
Shares of Inventure Foods (SNAK) traded up 1.90% during midday trading on Monday, hitting $3.76. 19,991 shares of the stock were exchanged. The stock’s market cap is $74.02 million. The firm’s 50 day moving average price is $4.28 and its 200-day moving average price is $5.54. Inventure Foods has a 52-week low of $3.31 and a 52-week high of $10.15.
Inventure Foods (NASDAQ:SNAK) last announced its quarterly earnings data on Thursday, May 11th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.08) by $0.05. The company had revenue of $49.60 million for the quarter, compared to the consensus estimate of $70.10 million. Inventure Foods had a negative net margin of 17.43% and a negative return on equity of 27.58%. The company’s revenue was down 13.3% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.05) earnings per share. On average, equities research analysts expect that Inventure Foods will post ($0.14) earnings per share for the current fiscal year.
Separately, Zacks Investment Research raised shares of Inventure Foods from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th.
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Inventure Foods Company Profile
Inventure Foods, Inc is a marketer and manufacturer of healthy/natural and indulgent specialty snack food brands. The Company operates in two segments: frozen products and snack products. The frozen products segment produces frozen fruits, vegetables, beverages and frozen desserts for sale primarily to groceries, club stores and mass merchandisers.
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