Media coverage about Goldman Sachs MLP and Energy Renassnc Fd (NYSE:GER) has been trending positive on Sunday, Accern Sentiment reports. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Goldman Sachs MLP and Energy Renassnc Fd earned a media sentiment score of 0.31 on Accern’s scale. Accern also gave media stories about the investment management company an impact score of 46.8482674084927 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
NYSE GER traded down $0.08 during trading hours on Friday, hitting $5.81. 235,816 shares of the company’s stock were exchanged, compared to its average volume of 468,994. Goldman Sachs MLP and Energy Renassnc Fd has a 12-month low of $5.25 and a 12-month high of $8.29.
In related news, insider Ganesh Jois bought 7,500 shares of the stock in a transaction dated Friday, February 9th. The stock was acquired at an average price of $6.29 per share, for a total transaction of $47,175.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Matthew Cooper bought 13,850 shares of the stock in a transaction dated Thursday, February 22nd. The stock was bought at an average price of $6.43 per share, with a total value of $89,055.50. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 28,850 shares of company stock worth $186,406.
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Goldman Sachs MLP and Energy Renassnc Fd Company Profile
Goldman Sachs MLP and Energy Renaissance Fund is a non-diversified, closed-end management investment company. It seeks a high level of total return with an emphasis on current distributions to shareholders. It seeks to achieve its investment objective by investing primarily in master limited partnership (MLP) and other energy investments.
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