Long Island Iced Tea Corp. (NASDAQ:LTEA) Given Coverage Optimism Score of 0.24

Media coverage about Long Island Iced Tea Corp. (NASDAQ:LTEA) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Long Island Iced Tea Corp. earned a news sentiment score of 0.24 on Accern’s scale. Accern also gave news headlines about the company an impact score of 47.1125034391634 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

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

• Long Island Iced Tea Corp. Expands Sales Organization, Hires Experienced Beverage Professionals (finance.yahoo.com)
• Long Island Iced Tea Corp : Featured Company News – Long Island Iced Tea and Discount Retailer Dollar General Form a Strategic Partnership (4-traders.com)
• Long Island Iced Tea Corp. : Partners with Costco & Stew Leonard’s for Upcoming Grand Opening Events on Long Island (4-traders.com)
• Long Island Iced Tea Corp. Partners with Costco & Stew Leonard’s for Upcoming Grand Opening Events on Long Island (finance.yahoo.com)
• Long Island Iced Tea Corp. Announces Strategic Partnership Test with Dollar General (finance.yahoo.com)

Shares of Long Island Iced Tea Corp. (NASDAQ LTEA) traded up 0.73% during midday trading on Friday, reaching $4.14. 62,113 shares of the company’s stock traded hands. The stock has a 50 day moving average of $4.54 and a 200-day moving average of $4.51. Long Island Iced Tea Corp. has a 52-week low of $3.54 and a 52-week high of $6.68. The stock’s market cap is $37.68 million.

Separately, ValuEngine raised shares of Long Island Iced Tea Corp. from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 12th.

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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.