Long Island Iced Tea Corp. (LTEA) Earning Somewhat Positive Press Coverage, Analysis Finds
Headlines about Long Island Iced Tea Corp. (NASDAQ:LTEA) have trended somewhat positive recently, Accern reports. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded 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 media sentiment score of 0.20 on Accern’s scale. Accern also assigned media stories about the company an impact score of 47.1412698637017 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Separately, ValuEngine upgraded Long Island Iced Tea Corp. from a “strong sell” rating to a “sell” rating in a research report on Thursday, June 15th.
Long Island Iced Tea Corp. (NASDAQ:LTEA) traded down 4.81% on Monday, reaching $3.96. The company had a trading volume of 62,979 shares. Long Island Iced Tea Corp. has a one year low of $3.54 and a one year high of $6.68. The stock’s market cap is $33.20 million. The company has a 50-day moving average of $4.73 and a 200 day moving average of $4.52.
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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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