Somewhat Favorable News Coverage Somewhat Unlikely to Impact CCA Industries (CAW) Share Price

Headlines about CCA Industries (NYSE:CAW) have trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CCA Industries earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.9690418765959 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

CCA Industries (NYSE:CAW) opened at 3.565 on Wednesday. The firm has a market cap of $24.98 million and a P/E ratio of 17.390. CCA Industries has a 52-week low of $2.25 and a 52-week high of $3.81. The company’s 50 day moving average is $3.39 and its 200-day moving average is $3.18.

CCA Industries (NYSE:CAW) last announced its quarterly earnings results on Monday, July 17th. The company reported $0.10 EPS for the quarter. CCA Industries had a return on equity of 32.97% and a net margin of 11.42%. The company had revenue of $6.12 million during the quarter.

Separately, TheStreet upgraded shares of CCA Industries from a “d+” rating to a “c-” rating in a research report on Tuesday, April 11th.

About CCA Industries

CCA Industries, Inc (CCA) manufactures and distributes health and beauty aid products. The Company is engaged in the sale of products in several health-and-beauty aids over-the-counter drug and remedies, and cosmeceutical categories. Under its brand names, the Company markets several different but categorically related products.