Positive Press Coverage Somewhat Unlikely to Affect The Simply Good Foods (SMPL) Stock Price

Media headlines about The Simply Good Foods (NASDAQ:SMPL) have trended positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. The Simply Good Foods earned a coverage optimism score of 0.31 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 48.196653632171 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

The Simply Good Foods (NASDAQ SMPL) traded up $0.24 during midday trading on Friday, reaching $11.70. The company had a trading volume of 549,458 shares, compared to its average volume of 267,041. The Simply Good Foods has a 1 year low of $10.20 and a 1 year high of $13.06.

Separately, Goldman Sachs Group, Inc. (The) began coverage on The Simply Good Foods in a research note on Wednesday, October 4th. They set a “buy” rating and a $16.00 price objective on the stock.

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The Simply Good Foods Company Profile

The Simply Good Foods Company is a holding company. The Company through its subsidiaries, is engaged in developing, marketing and selling of branded nutritional foods and snacking products. The Company offers a range of products such as nutrition bars, ready to drink (RTD) shakes, snacks and confectionery products.

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