Media stories about Flaherty & Crumrine (NYSE:FFC) have trended positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Flaherty & Crumrine earned a coverage optimism score of 0.29 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 48.3033290414484 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Shares of FFC stock traded up $0.08 during trading hours on Friday, hitting $18.98. 91,545 shares of the company’s stock traded hands, compared to its average volume of 199,679. Flaherty & Crumrine has a 12 month low of $18.35 and a 12 month high of $22.44.
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Flaherty & Crumrine Company Profile
Flaherty & Crumrine Preferred Securities Income Fund Incorporated is a diversified, closed-end management investment company. The Fund’s investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. It invests in a portfolio of preferred securities, such as taxable preferred securities and preferred stocks.
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