Somewhat Favorable Press Coverage Somewhat Unlikely to Impact U.S. Global Investors (GROW) Stock Price
Headlines about U.S. Global Investors (NASDAQ:GROW) have been trending somewhat positive on Monday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. U.S. Global Investors earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave headlines about the asset manager an impact score of 46.6067466948463 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news headlines that may have effected Accern’s rankings:
- Royce & Associates LP Has $4.46 Million Holdings in U.S. Global Investors, Inc. (GROW) (americanbankingnews.com)
- Stocks, dollar tumble on global trade war fears (reuters.com)
- Global Funds Cut Stocks to Three-Month Low After Turbulent February: Reuters Poll (money.usnews.com)
- U.S. Stocks Sell Off After Powell’s Remarks (wsj.com)
- Stock market ends lower as Powell’s testimony stokes fresh inflation, rate-hike fears (marketwatch.com)
U.S. Global Investors (NASDAQ:GROW) traded up $0.06 during mid-day trading on Monday, reaching $3.38. The company’s stock had a trading volume of 78,167 shares, compared to its average volume of 581,293. The stock has a market capitalization of $50.27, a price-to-earnings ratio of 42.13 and a beta of 0.49. U.S. Global Investors has a twelve month low of $1.25 and a twelve month high of $7.49.
The company also recently declared a monthly dividend, which will be paid on Monday, March 26th. Stockholders of record on Monday, March 12th will be paid a dividend of $0.0025 per share. The ex-dividend date is Friday, March 9th. This represents a $0.03 annualized dividend and a dividend yield of 0.89%. U.S. Global Investors’s dividend payout ratio is currently 37.50%.
GROW has been the topic of a number of recent analyst reports. ValuEngine lowered U.S. Global Investors from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. TheStreet upgraded U.S. Global Investors from a “d+” rating to a “c-” rating in a research note on Monday, November 6th.
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About U.S. Global Investors
U.S. Global Investors, Inc is an investment advisor. The Company, with principal operations located in San Antonio, Texas, manages three business segments. The Investment Management Services segment, through the United States Global Investors Funds (USGIF), offers offshore clients, and an exchange traded fund (ETF) client, a range of investment management products and services to meet the needs of individual and institutional investors.
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