Stifel Financial Corp Continues to Hold Stake in Long Island Iced Tea Corp. (LTEA)
Stifel Financial Corp maintained its position in Long Island Iced Tea Corp. (NASDAQ:LTEA) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,000 shares of the company’s stock at the end of the 2nd quarter. Stifel Financial Corp owned 0.29% of Long Island Iced Tea Corp. worth $135,000 at the end of the most recent reporting period.
Separately, Virtu KCG Holdings LLC purchased a new stake in shares of Long Island Iced Tea Corp. in the second quarter worth approximately $117,000. Hedge funds and other institutional investors own 1.07% of the company’s stock.
Long Island Iced Tea Corp. (NASDAQ LTEA) opened at $2.48 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.32 and a quick ratio of 0.71. Long Island Iced Tea Corp. has a 52-week low of $2.01 and a 52-week high of $6.68.
Separately, ValuEngine raised shares of Long Island Iced Tea Corp. from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 12th.
Long Island Iced Tea Corp. Company Profile
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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