News headlines about Long Island Iced Tea Corp. (NASDAQ:LTEA) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Long Island Iced Tea Corp. earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.8359643012329 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Long Island Iced Tea Corp. (NASDAQ:LTEA) traded up $0.09 during midday trading on Tuesday, reaching $2.58. 69,101 shares of the company’s stock traded hands, compared to its average volume of 67,555. The company has a quick ratio of 0.71, a current ratio of 1.32 and a debt-to-equity ratio of 0.01. Long Island Iced Tea Corp. has a 52 week low of $2.01 and a 52 week high of $6.68.
Separately, ValuEngine lowered shares of Long Island Iced Tea Corp. from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 22nd.
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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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