Adams Natural Resources Fund (PEO) Getting Somewhat Favorable News Coverage, Study Shows
Media coverage about Adams Natural Resources Fund (NYSE:PEO) has trended somewhat positive on Monday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by reviewing 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 closest to one being the most favorable. Adams Natural Resources Fund earned a news impact score of 0.13 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.1338663052721 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Adams Natural Resources Fund (PEO) traded down 0.80% during mid-day trading on Monday, hitting $18.70. The company had a trading volume of 57,215 shares. The company’s 50 day moving average price is $18.78 and its 200-day moving average price is $19.31. The firm’s market capitalization is $533.90 million. Adams Natural Resources Fund has a 12-month low of $18.29 and a 12-month high of $20.82.
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Friday, August 11th will be given a $0.10 dividend. The ex-dividend date of this dividend is Wednesday, August 9th. This represents a $0.40 annualized dividend and a yield of 2.14%.
In other Adams Natural Resources Fund news, insider Paul Edward Asmundson purchased 15,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 28th. The shares were acquired at an average price of $5.50 per share, with a total value of $82,500.00. Also, Director Scott Cameron Anderson sold 5,000 shares of the firm’s stock in a transaction dated Thursday, May 18th. The shares were sold at an average price of $5.69, for a total transaction of $28,450.00. In the last ninety days, insiders sold 14,326 shares of company stock worth $86,992. 0.49% of the stock is owned by insiders.
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.
Receive News & Ratings for Adams Natural Resources Fund Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adams Natural Resources Fund Inc. and related companies with MarketBeat.com's FREE daily email newsletter.