Somewhat Positive News Coverage Somewhat Unlikely to Impact Long Island Iced Tea Corp. (LTEA) Share Price
Media coverage about Long Island Iced Tea Corp. (NASDAQ:LTEA) has been trending somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog 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. Long Island Iced Tea Corp. earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.8082038468765 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Separately, ValuEngine cut Long Island Iced Tea Corp. from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 22nd.
Shares of Long Island Iced Tea Corp. (NASDAQ LTEA) traded down $0.07 during trading hours on Tuesday, reaching $2.77. The company had a trading volume of 94,100 shares, compared to its average volume of 63,466. Long Island Iced Tea Corp. has a 1 year low of $2.01 and a 1 year high of $6.68. The company has a current ratio of 1.32, a quick ratio of 0.71 and a debt-to-equity ratio of 0.01.
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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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