A.H. Belo Co. (NYSE:AHC) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.00 and traded as high as $6.95. A.H. Belo shares last traded at $6.79, with a volume of 30,706 shares.
Separately, TheStreet lowered shares of A.H. Belo from a “c-” rating to a “d+” rating in a report on Friday, March 26th.
The company has a market cap of $35.60 million, a PE ratio of -17.97 and a beta of 0.63. The stock’s fifty day moving average price is $7.88.
The company also recently announced a dividend, which was paid on Tuesday, June 8th. Shareholders of record on Wednesday, June 9th were given a $0.01 dividend. This represents a yield of 2.2%. The ex-dividend date of this dividend was Tuesday, June 8th.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AHC. Renaissance Technologies LLC grew its position in A.H. Belo by 8.7% in the 4th quarter. Renaissance Technologies LLC now owns 1,104,525 shares of the company’s stock valued at $1,668,000 after acquiring an additional 88,400 shares in the last quarter. Quinn Opportunity Partners LLC grew its position in shares of A.H. Belo by 40.9% during the fourth quarter. Quinn Opportunity Partners LLC now owns 232,361 shares of the company’s stock worth $351,000 after buying an additional 67,471 shares in the last quarter. Penbrook Management LLC grew its position in shares of A.H. Belo by 51.1% during the first quarter. Penbrook Management LLC now owns 23,875 shares of the company’s stock worth $41,000 after buying an additional 8,075 shares in the last quarter. Geode Capital Management LLC grew its position in shares of A.H. Belo by 20.8% during the first quarter. Geode Capital Management LLC now owns 114,378 shares of the company’s stock worth $239,000 after buying an additional 19,719 shares in the last quarter. Finally, Millennium Management LLC acquired a new position in shares of A.H. Belo during the first quarter worth about $31,000. 51.85% of the stock is owned by institutional investors.
A.H. Belo Company Profile (NYSE:AHC)
A.H. Belo Corporation, together with its subsidiaries, operates as a local news and information publishing company in Texas. The company publishes The Dallas Morning News, a newspaper; Briefing, a newspaper; and Al Dia, a Spanish-language newspaper, as well as operates related websites and mobile applications.
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