Asia Pacific Fund, Inc. (The) common stock (APB) Earns Daily News Impact Score of -0.02
Press coverage about Asia Pacific Fund, Inc. (The) common stock (NYSE:APB) has been trending somewhat negative this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news 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. Asia Pacific Fund, Inc. (The) common stock earned a coverage optimism score of -0.02 on Accern’s scale. Accern also gave news stories about the investment management company an impact score of 44.5319360302398 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
APB traded up $0.29 during mid-day trading on Friday, reaching $13.35. 27,960 shares of the stock were exchanged, compared to its average volume of 5,325. Asia Pacific Fund, Inc. has a 1 year low of $12.95 and a 1 year high of $15.70.
In other Asia Pacific Fund, Inc. (The) common stock news, major shareholder City Of London Investment Grou sold 64,979 shares of Asia Pacific Fund, Inc. (The) common stock stock in a transaction on Monday, June 4th. The shares were sold at an average price of $14.52, for a total transaction of $943,495.08. The transaction was disclosed in a filing with the SEC, which is available through this link. 60.29% of the stock is owned by insiders.
The Asia Pacific Fund, Inc operates as a closed-end investment fund/investment trust. Its objective is to achieve long-term capital appreciation through investment of investable assets in equity securities of companies in the Asia Pacific countries. The company was founded in May 1987 and is headquartered in New York, NY.
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