Somewhat Positive Media Coverage Somewhat Unlikely to Affect Long Blockchain (LBCC) Stock Price

Media coverage about Long Blockchain (NASDAQ:LBCC) has trended somewhat positive on Friday, according to Accern. The research firm ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources. 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 Blockchain earned a news sentiment score of 0.02 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.7944213139915 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

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

Shares of Long Blockchain (NASDAQ LBCC) traded up $0.30 during mid-day trading on Friday, hitting $4.51. 369,900 shares of the company were exchanged, compared to its average volume of 1,301,667. The stock has a market cap of $45.36, a PE ratio of -2.75 and a beta of -52.82. The company has a quick ratio of 0.63, a current ratio of 1.10 and a debt-to-equity ratio of 0.02. Long Blockchain has a 12 month low of $1.70 and a 12 month high of $9.49.

Long Blockchain (NASDAQ:LBCC) last announced its quarterly earnings results on Monday, November 13th. The company reported ($0.43) EPS for the quarter. Long Blockchain had a negative net margin of 270.51% and a negative return on equity of 484.90%.

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About Long Blockchain

Long Blockchain Corp., formerly 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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