Favorable Media Coverage Somewhat Unlikely to Impact Leading Brands (LBIX) Share Price
News stories about Leading Brands (NASDAQ:LBIX) have trended positive on Sunday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Leading Brands earned a coverage optimism score of 0.28 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.7951358800442 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Leading Brands (NASDAQ:LBIX) traded down 1.2209% on Friday, hitting $0.8495. The company’s stock had a trading volume of 7,412 shares. The firm’s market cap is $2.38 million. Leading Brands has a 1-year low of $0.74 and a 1-year high of $2.92. The company has a 50 day moving average of $0.95 and a 200 day moving average of $1.55.
Separately, ValuEngine lowered Leading Brands from a “hold” rating to a “sell” rating in a research report on Monday, August 14th.
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.
Receive News & Stock Ratings for Leading Brands Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Leading Brands Inc and related stocks with our FREE daily email newsletter.