Media headlines about Petroleum & Resources (NYSE:PEO) have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Petroleum & Resources earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 45.9233537763835 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of PEO traded down $0.35 during mid-day trading on Friday, reaching $18.16. 72,732 shares of the company were exchanged, compared to its average volume of 78,561. Petroleum & Resources has a 52 week low of $16.90 and a 52 week high of $21.48.
In related news, Director Frederic A. Escherich acquired 2,000 shares of the stock in a transaction dated Tuesday, January 23rd. The stock was bought at an average cost of $21.30 per share, for a total transaction of $42,600.00. Following the completion of the transaction, the director now directly owns 10,705 shares of the company’s stock, valued at $228,016.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.19% of the stock is owned by company insiders.
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Petroleum & Resources Company Profile
Adams Natural Resources Fund, Inc is a self-managed investment trust. The firm invests in the public equity markets across the globe. It invests in stocks of companies of all market capitalizations operating in the energy and natural resources sector including oil companies, exploration and production, utilities, services, and basic materials sectors.
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