Long Island Iced Tea Corp (LTEA) Given Daily Media Sentiment Rating of 0.27
News headlines about Long Island Iced Tea Corp (NASDAQ:LTEA) have trended positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Long Island Iced Tea Corp earned a coverage optimism score of 0.27 on Accern’s scale. Accern also assigned headlines about the company an impact score of 47.7596922293481 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Separately, ValuEngine upgraded shares of Long Island Iced Tea Corp from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 12th.
Shares of Long Island Iced Tea Corp (NASDAQ LTEA) traded down 1.26% on Wednesday, reaching $3.13. 72,347 shares of the company were exchanged. Long Island Iced Tea Corp has a 52 week low of $3.09 and a 52 week high of $6.68. The firm’s 50 day moving average price is $3.96 and its 200 day moving average price is $4.45. The stock’s market capitalization is $28.49 million.
About Long Island Iced Tea Corp
Long Island Iced Tea Corp. is a holding company operating through its subsidiary, Long Island Brand Beverages, LLC (LIBB). The Company is engaged in the production and distribution of Non-Alcoholic Ready-to-Drink (NARTD) iced tea in the beverage industry. It is organized around its brand, Long Island Iced Tea.
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