Somewhat Positive Press Coverage Very Likely to Impact Rocky Brands (RCKY) Share Price

Media stories about Rocky Brands (NASDAQ:RCKY) have been trending somewhat positive recently, according to AlphaOne Sentiment Analysis. The research firm, a subsidiary of Accern, ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Rocky Brands earned a daily sentiment score of 0.08 on AlphaOne’s scale. AlphaOne also assigned news stories about the textile maker an impact score of 87 out of 100, meaning that recent news coverage is very likely to have an impact on the company’s share price in the immediate future.

Here are some of the media headlines that may have impacted Alpha One’s rankings:

Shares of Rocky Brands (NASDAQ:RCKY) traded up 0.36% on Friday, hitting $13.85. 48,920 shares of the stock traded hands. The stock’s market cap is $103.04 million. Rocky Brands has a 52 week low of $9.95 and a 52 week high of $15.70. The stock has a 50 day moving average price of $12.96 and a 200-day moving average price of $11.71.

The business also recently announced a dividend, which will be paid on Friday, June 9th. Shareholders of record on Tuesday, May 30th will be paid a $0.11 dividend. The ex-dividend date is Thursday, May 25th. Rocky Brands’s payout ratio is -2,200.00%.

Several research firms have weighed in on RCKY. B. Riley reissued a “neutral” rating and issued a $13.00 price target on shares of Rocky Brands in a report on Monday, April 24th. Zacks Investment Research raised shares of Rocky Brands from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a report on Thursday, January 19th.

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About Rocky Brands

Rocky Brands, Inc is a designer, manufacturer and marketer of footwear and apparel marketed under a portfolio of brand names, including Rocky, Georgia Boot, Durango, Lehigh, Creative Recreation and the licensed brand Michelin. The Company operates its business through three segments: wholesale, retail and military.

5 Day Chart for NASDAQ:RCKY

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