Somewhat Negative Media Coverage Somewhat Unlikely to Impact Adams Natural Resources Fund (PEO) Share Price
News articles about Adams Natural Resources Fund (NYSE:PEO) have been trending somewhat negative on Tuesday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog 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. Adams Natural Resources Fund earned a news sentiment score of 0.00 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 44.8913841864216 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Adams Natural Resources Fund (NYSE PEO) traded up 0.52% during trading on Tuesday, hitting $19.41. 124,006 shares of the company’s stock were exchanged. Adams Natural Resources Fund has a 12-month low of $16.90 and a 12-month high of $20.82. The company’s market cap is $554.17 million. The company has a 50-day moving average of $19.28 and a 200-day moving average of $18.94.
Separately, National Bank Financial reissued an “outperform” rating and issued a C$8.00 price objective on shares of Adams Natural Resources Fund in a research note on Wednesday, September 6th.
In other news, Director Scott Cameron Anderson sold 5,400 shares of the stock in a transaction dated Thursday, August 3rd. The shares were sold at an average price of $6.48, for a total value of $34,992.00. Also, Director Lauriann C. Kloppenburg bought 1,500 shares of Adams Natural Resources Fund stock in a transaction dated Wednesday, October 18th. The stock was acquired at an average price of $19.62 per share, with a total value of $29,430.00. Following the completion of the transaction, the director now directly owns 1,500 shares of the company’s stock, valued at $29,430. The disclosure for this purchase can be found here. Corporate insiders own 0.49% of the company’s stock.
Adams Natural Resources Fund Company Profile
Adams Natural Resources Fund, Inc (the Fund) is a non-diversified closed-end investment company. The investment objectives of the Fund are preservation of capital, the attainment of reasonable income from investments and an opportunity for capital appreciation. The Fund specializes in energy and other natural resources stocks.
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