Somewhat Positive News Coverage Somewhat Unlikely to Impact Inventure Foods (SNAK) Stock Price

News articles about Inventure Foods (NASDAQ:SNAK) have trended somewhat positive on Tuesday, Accern reports. The research firm identifies positive and negative media coverage by reviewing 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. Inventure Foods earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave news headlines about the company an impact score of 44.3501007521817 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Several equities research analysts have recently issued reports on SNAK shares. ValuEngine upgraded shares of Inventure Foods from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. William Blair restated a “market perform” rating on shares of Inventure Foods in a research note on Wednesday, November 1st.

Inventure Foods (SNAK) remained flat at $$3.99 during trading on Tuesday. 108,100 shares of the company were exchanged, compared to its average volume of 214,631. Inventure Foods has a fifty-two week low of $2.96 and a fifty-two week high of $10.15. The firm has a market capitalization of $79.31, a PE ratio of -2.07 and a beta of 0.93.

Inventure Foods (NASDAQ:SNAK) last released its quarterly earnings data on Tuesday, November 7th. The company reported ($0.24) earnings per share for the quarter. The company had revenue of $27.43 million for the quarter, compared to analyst estimates of $52.10 million. During the same period last year, the company earned ($0.13) EPS. The company’s quarterly revenue was down 4.1% compared to the same quarter last year. sell-side analysts expect that Inventure Foods will post -0.13 EPS for the current fiscal year.

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About Inventure Foods

Inventure Foods, Inc is a marketer and manufacturer of healthy/natural and indulgent specialty snack food brands. The Company operates in the snack products segment. The snack products segment produces potato chips, kettle chips, potato crisps, potato skins, pellet snacks, sheeted dough products and extruded products for sale primarily to snack food distributors and retailers.

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