ValuEngine upgraded shares of Leading Brands Inc (NASDAQ:LBIX) from a sell rating to a hold rating in a research report sent to investors on Wednesday morning.

Leading Brands (NASDAQ:LBIX) traded up 6.52% during midday trading on Wednesday, hitting $0.98. 15,457 shares of the stock were exchanged. Leading Brands has a one year low of $0.85 and a one year high of $2.92. The firm has a 50-day moving average price of $1.17 and a 200-day moving average price of $1.67. The stock’s market cap is $2.75 million.

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About Leading Brands

Leading Brands, Inc (Leading Brands) and its subsidiaries are engaged in the development, production, marketing and distribution of the Company’s branded and licensed beverage brands, as well as production services for certain other customers. The Company’s principal operations consist of an integrated bottling and distribution system for beverages.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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