Somewhat Favorable News Coverage Somewhat Unlikely to Affect Castle Brands (NYSE:ROX) Share Price

Media headlines about Castle Brands (NYSE:ROX) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Castle Brands earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned headlines about the company an impact score of 47.5232802170936 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Castle Brands (NYSE:ROX) traded down 1.42% on Friday, reaching $1.39. The company had a trading volume of 664,084 shares. The company’s 50-day moving average is $1.55 and its 200-day moving average is $1.62. The company’s market capitalization is $228.38 million. Castle Brands has a 52-week low of $0.65 and a 52-week high of $2.22.

Castle Brands (NYSE:ROX) last posted its earnings results on Wednesday, August 9th. The company reported ($0.01) EPS for the quarter. The firm had revenue of $20.85 million for the quarter, compared to analysts’ expectations of $18.18 million. Castle Brands had a negative return on equity of 201.80% and a negative net margin of 4.15%. Equities analysts anticipate that Castle Brands will post $0.02 EPS for the current fiscal year.

Separately, Zacks Investment Research downgraded Castle Brands from a “hold” rating to a “sell” rating in a research note on Tuesday, July 18th.

TRADEMARK VIOLATION WARNING: “Somewhat Favorable News Coverage Somewhat Unlikely to Affect Castle Brands (NYSE:ROX) Share Price” was posted by BBNS and is the sole property of of BBNS. If you are viewing this piece on another website, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this piece can be accessed at https://baseballnewssource.com/markets/castle-brands-rox-receiving-somewhat-favorable-news-coverage-analysis-shows/1566726.html.

Castle Brands Company Profile

Castle Brands Inc develops and markets premium and super premium brands in the beverage alcohol categories. The Company is engaged in the sale of premium beverage alcohol. Its beverage alcohol categories include rum, whiskey, liqueurs, vodka and tequila. Its brands include Gosling’s rum, Gosling’s Stormy Ginger Beer, Gosling’s Dark ‘n Stormy ready-to-drink cocktail, Jefferson’s bourbon, Jefferson’s Reserve, Jefferson’s Ocean Aged at Sea, Jefferson’s Wine Finish Collection, Jefferson’s The Manhattan: Barrel Finished Cocktail, Jefferson’s Chef’s Collaboration, Jefferson’s Wood Experiment, Jefferson’s Presidential Select, Jefferson’s Rye whiskey, Pallini liqueurs, Clontarf Irish whiskey, Knappogue Castle Whiskey, Brady’s Irish Cream, Boru vodka, Tierras tequila, Celtic Honey liqueur and Gozio amaretto.

Insider Buying and Selling by Quarter for Castle Brands (NYSE:ROX)

Receive News & Ratings for Castle Brands Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Castle Brands Inc and related companies with our FREE daily email newsletter.

 


Latest News

Young Girl Hit by Foul Ball Rushed to Hospital
Young Girl Hit by Foul Ball Rushed to Hospital
New Home Run Record Reached in Major League Baseball
New Home Run Record Reached in Major League Baseball
Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22
Tigers Player Might Play All Nine Positions During Same Game
Tigers Player Might Play All Nine Positions During Same Game
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster


Leave a Reply

 
© 2006-2017 BBNS.