Leading Brands (LBIX) Given News Sentiment Rating of 0.23
News articles about Leading Brands (NASDAQ:LBIX) have been trending somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Leading Brands earned a daily sentiment score of 0.23 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.4089530221719 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.
Shares of Leading Brands (LBIX) traded down 0.2258% during midday trading on Tuesday, reaching $1.2372. The company’s stock had a trading volume of 3,605 shares. The stock’s market capitalization is $3.47 million. The company has a 50 day moving average of $1.49 and a 200-day moving average of $1.77. Leading Brands has a 52 week low of $1.11 and a 52 week high of $2.92.
Separately, ValuEngine downgraded Leading Brands from a “hold” rating to a “sell” rating in a research report on Monday.
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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.
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