Somewhat Positive News Coverage Somewhat Unlikely to Affect The Simply Good Foods (SMPL) Stock Price
Press coverage about The Simply Good Foods (NASDAQ:SMPL) has been trending somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. The Simply Good Foods earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 44.4253740192225 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
- The Simply Good Foods Company (SMPL) Receives New Coverage from Analysts at Goldman Sachs Group, Inc. (The) (americanbankingnews.com)
- 5 Tips for Establishing Culture in a Remote Company (pagely.com)
- The Military Was Ready in Texas and Florida. What Went Wrong in Puerto Rico? (politico.com)
- Cal-Maine Foods: Simply No Catalyst In Sight (seekingalpha.com)
Shares of The Simply Good Foods (NASDAQ:SMPL) opened at 12.08 on Friday. The company’s market capitalization is $852.40 million. The Simply Good Foods has a one year low of $10.00 and a one year high of $12.49. The firm’s 50-day moving average price is $11.82 and its 200 day moving average price is $11.71.
Separately, Goldman Sachs Group, Inc. (The) started coverage on The Simply Good Foods in a report on Wednesday. They set a “buy” rating and a $16.00 price objective for the company.
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About The Simply Good Foods
The Simply Good Foods Company is a holding company. The Company through its subsidiaries, is engaged in developing, marketing and selling of branded nutritional foods and snacking products. The Company offers a range of products such as nutrition bars, ready to drink (RTD) shakes, snacks and confectionery products.
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