Somewhat Positive News Coverage Somewhat Unlikely to Impact Central Securities Corp. (CET) Share Price
Media stories about Central Securities Corp. (NYSE:CET) have been trending somewhat positive on Sunday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring 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. Central Securities Corp. earned a news impact score of 0.15 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.1277327879035 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Central Securities Corp. (NYSE:CET) traded up 0.08% during midday trading on Friday, hitting $25.71. The stock had a trading volume of 7,881 shares. The company has a market capitalization of $637.87 million and a PE ratio of 3.91. Central Securities Corp. has a 1-year low of $20.06 and a 1-year high of $25.99. The stock’s 50-day moving average is $25.03 and its 200-day moving average is $24.76.
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About Central Securities Corp.
Central Securities Corporation is a non-diversified, closed-end management investment company. The Company’s investment objective is long-term growth of capital and its approach is based on value investing. The Company invests primarily in common stocks, but it may invest in bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations.
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