Long Island Iced Tea Corp. (LTEA) Receives Media Sentiment Rating of 0.27

News coverage about Long Island Iced Tea Corp. (NASDAQ:LTEA) has trended positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources. 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 media sentiment score of 0.27 on Accern’s scale. Accern also assigned headlines about the company an impact score of 48.1301765228617 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

Shares of Long Island Iced Tea Corp. (LTEA) traded down 7.47% on Friday, hitting $2.85. The company had a trading volume of 79,755 shares. The stock’s 50-day moving average is $3.81 and its 200 day moving average is $4.43. Long Island Iced Tea Corp. has a 52 week low of $2.85 and a 52 week high of $6.68. The company’s market capitalization is $25.94 million.

Separately, ValuEngine downgraded Long Island Iced Tea Corp. from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 22nd.

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About Long Island Iced Tea Corp.

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.

Insider Buying and Selling by Quarter for Long Island Iced Tea Corp. (NASDAQ:LTEA)

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