India Fund (IFN) Receives Daily News Sentiment Score of 0.23
Press coverage about India Fund (NYSE:IFN) has been trending somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. India Fund earned a news impact score of 0.23 on Accern’s scale. Accern also gave media coverage about the investment management company an impact score of 45.4014655657481 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
India Fund (NYSE IFN) traded up 0.41% during mid-day trading on Friday, reaching $26.96. 164,710 shares of the company’s stock were exchanged. India Fund has a one year low of $20.39 and a one year high of $28.81. The company’s 50-day moving average is $27.96 and its 200 day moving average is $25.92.
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In other news, Director Stephane Henry sold 1,007 shares of the firm’s stock in a transaction that occurred on Tuesday, June 27th. The shares were sold at an average price of $27.32, for a total transaction of $27,511.24. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
India Fund Company Profile
The India Fund, Inc (the Fund) is a non-diversified closed-end management investment company. The Fund’s investment objective is long-term capital appreciation, which it seeks to achieve by investing primarily in the equity securities of Indian companies. The Fund’s portfolio of investments includes financials, consumer staples, information technology, materials, healthcare, consumer discretionary, industrials, telecommunication services and energy.
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