Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Inventure Foods (NASDAQ:SNAK) Stock Price

Media coverage about Inventure Foods (NASDAQ:SNAK) has been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring 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 closest to one being the most favorable. Inventure Foods earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the company an impact score of 44.9224179003944 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Inventure Foods (SNAK) opened at $4.00 on Friday. The firm has a market cap of $79.31, a PE ratio of -2.07 and a beta of 0.93. Inventure Foods has a 1 year low of $2.96 and a 1 year high of $10.15.

Inventure Foods (NASDAQ:SNAK) last announced its quarterly earnings results on Tuesday, November 7th. The company reported ($0.24) earnings per share for the quarter. The firm had revenue of $27.43 million for the quarter, compared to analysts’ expectations of $52.10 million. The company’s revenue was down 4.1% on a year-over-year basis. During the same quarter last year, the firm posted ($0.13) earnings per share. research analysts anticipate that Inventure Foods will post -0.13 earnings per share for the current year.

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

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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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