Leading Brands, Inc (USA) (LBIX) Can’t Be More Safe. Trades Significantly Higher

October 13, 2017 - By Richard Conner

The stock of Leading Brands, Inc (USA) (NASDAQ:LBIX) is a huge mover today! About 30.89 million shares traded or 6051.41% up from the average. Leading Brands, Inc (USA) (NASDAQ:LBIX) has risen 3.99% since October 13, 2016 and is uptrending. It has underperformed by 12.71% the S&P500.
The move comes after 7 months positive chart setup for the $6.36 million company. It was reported on Oct, 13 by Barchart.com. We have $2.24 PT which if reached, will make NASDAQ:LBIX worth $254,400 more.

More recent Leading Brands, Inc (USA) (NASDAQ:LBIX) news were published by: Benzinga.com which released: “28 Stocks Moving In Wednesday’s Mid-Day Session” on October 11, 2017. Also Nasdaq.com published the news titled: “Mid-Morning Market Update: Markets Open Higher; Bank of America Profit Beats …” on October 13, 2017. Benzinga.com‘s news article titled: “35 Stocks Moving In Friday’s Mid-Day Session” with publication date: October 13, 2017 was also an interesting one.

Leading Brands, Inc. and its subsidiaries are engaged in the development, production, marketing and distribution of the Company’s branded and licensed beverage brands, as well as production services for certain other customers. The company has market cap of $6.36 million. The Company’s principal activities consist of an integrated bottling and distribution system for beverages. It currently has negative earnings. The Firm sells beverage products through its integrated distribution system (IDS) of distributors, wholesalers and grocery chains.

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