RMR Real Estate Income Fund (RIF) Earning Somewhat Favorable News Coverage, Report Finds
Headlines about RMR Real Estate Income Fund (NYSE:RIF) have trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. RMR Real Estate Income Fund earned a news sentiment score of 0.25 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.3605475700894 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Separately, Oppenheimer Holdings, Inc. initiated coverage on shares of RMR Real Estate Income Fund in a report on Tuesday, April 18th. They issued a “market perform” rating on the stock.
Shares of RMR Real Estate Income Fund (RIF) traded down 1.84% during mid-day trading on Friday, hitting $20.81. 69,326 shares of the stock traded hands. The firm’s 50 day moving average price is $21.86 and its 200-day moving average price is $21.34. RMR Real Estate Income Fund has a 12-month low of $18.72 and a 12-month high of $22.63.
COPYRIGHT VIOLATION WARNING: “RMR Real Estate Income Fund (RIF) Earning Somewhat Favorable News Coverage, Report Finds” was first posted by Watch List News and is owned by of Watch List News. If you are accessing this news story on another site, it was illegally copied and republished in violation of U.S. & international copyright & trademark legislation. The correct version of this news story can be read at https://www.watchlistnews.com/rmr-real-estate-income-fund-rif-earning-somewhat-favorable-news-coverage-report-finds/1473351.html.
RMR Real Estate Income Fund Company Profile
RMR Real Estate Income Fund (the Fund) is a non-diversified closed-end management investment company. The Fund’s primary investment objective is to earn and pay a high level of current income to its common shareholders. The Fund’s secondary investment objective is capital appreciation. It pursues its investment objectives by investing in securities issued by real estate companies, including real estate investment trusts (REITs).
Receive News & Ratings for RMR Real Estate Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RMR Real Estate Income Fund and related companies with Analyst Ratings Network's FREE daily email newsletter.