Reed’s (NYSE:REED) Now Covered by Analysts at StockNews.com

Analysts at StockNews.com began coverage on shares of Reed’s (NYSE:REED – Get Rating) in a research note issued on Saturday. The firm set a “sell” rating on the stock.

Reed’s Stock Performance

REED opened at $0.08 on Friday. Reed’s has a twelve month low of $0.06 and a twelve month high of $0.43.

Reed’s Company Profile

(Get Rating)

Reed’s, Inc engages in the manufacture and distribution of carbonated and non-carbonated beverages. Its product lines include Reed’s Ginger Brews, Virgil’s Root Beer, and Flying Caldron Butterscotch Beer. The company was founded by Christopher J. Reed in June 1987 and is headquartered in Norwalk, CT.