Media headlines about MVC Capital (NYSE:MVC) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. MVC Capital earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned media headlines about the investment management company an impact score of 45.2041915188416 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
MVC has been the subject of a number of research analyst reports. Zacks Investment Research downgraded MVC Capital from a “hold” rating to a “sell” rating in a report on Friday, March 23rd. Maxim Group reaffirmed a “buy” rating and set a $12.50 price target on shares of MVC Capital in a research report on Thursday, March 15th. Ladenburg Thalmann initiated coverage on shares of MVC Capital in a research report on Thursday, January 11th. They set a “buy” rating and a $12.00 price target for the company. ValuEngine cut shares of MVC Capital from a “buy” rating to a “hold” rating in a research report on Monday, April 2nd. Finally, TheStreet cut shares of MVC Capital from a “b” rating to a “c+” rating in a research report on Friday, December 29th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $12.25.
MVC Capital stock remained flat at $$10.05 during trading on Friday. 7,776 shares of the company were exchanged, compared to its average volume of 54,020. The company has a current ratio of 41.20, a quick ratio of 41.20 and a debt-to-equity ratio of 0.44. MVC Capital has a 12-month low of $8.59 and a 12-month high of $10.97. The stock has a market cap of $189.15, a PE ratio of -29.56 and a beta of 0.67.
MVC Capital (NYSE:MVC) last announced its quarterly earnings results on Tuesday, January 16th. The investment management company reported $0.09 earnings per share for the quarter. MVC Capital had a net margin of 108.96% and a negative return on equity of 1.84%. The firm had revenue of $5.49 million during the quarter. analysts predict that MVC Capital will post 0.18 earnings per share for the current year.
In other news, Chairman Michael T. Tokarz acquired 10,000 shares of the firm’s stock in a transaction on Tuesday, March 27th. The stock was bought at an average cost of $10.01 per share, with a total value of $100,100.00. Following the transaction, the chairman now directly owns 956,043 shares in the company, valued at approximately $9,569,990.43. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Michael T. Tokarz acquired 2,500 shares of the firm’s stock in a transaction on Monday, March 19th. The stock was purchased at an average cost of $10.12 per share, with a total value of $25,300.00. Following the completion of the transaction, the chairman now owns 943,543 shares in the company, valued at $9,548,655.16. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 47,000 shares of company stock valued at $476,005. 10.91% of the stock is owned by corporate insiders.
TRADEMARK VIOLATION WARNING: This report was originally published by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are reading this report on another site, it was illegally stolen and republished in violation of United States and international copyright laws. The original version of this report can be read at https://www.dispatchtribunal.com/2018/04/08/mvc-capital-mvc-given-daily-coverage-optimism-score-of-0-16.html.
About MVC Capital
MVC Capital, Inc is a non-diversified closed-end management investment company. The Company’s investment objective is to seek to maximize total return from capital appreciation and/or income. The Company’s segments are its investing operations as a business development company, which includes MVC Cayman and MVC Turf, LLC and MVC Financial Services, Inc (MVCFS).
Receive News & Ratings for MVC Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MVC Capital and related companies with MarketBeat.com's FREE daily email newsletter.