MEXICO EQUITY & (NYSE:MXE) Given Media Sentiment Rating of 0.34
Press coverage about MEXICO EQUITY & (NYSE:MXE) has trended positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. MEXICO EQUITY & earned a news impact score of 0.34 on Accern’s scale. Accern also gave news coverage about the investment management company an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an effect on the company’s share price in the next few days.
Shares of MEXICO EQUITY & (NYSE:MXE) traded up 0.50% during midday trading on Tuesday, hitting $12.04. 6,386 shares of the stock were exchanged. The firm’s 50-day moving average is $11.70 and its 200-day moving average is $10.73. MEXICO EQUITY & has a 12 month low of $8.69 and a 12 month high of $12.22.
In other MEXICO EQUITY & news, major shareholder City Of London Investment Grou acquired 6,614 shares of the business’s stock in a transaction dated Monday, July 24th. The shares were purchased at an average price of $11.98 per share, for a total transaction of $79,235.72. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Phillip Goldstein purchased 3,000 shares of the company’s stock in a transaction that occurred on Friday, June 2nd. The shares were purchased at an average price of $10.97 per share, for a total transaction of $32,910.00. Following the transaction, the director now owns 11,100 shares of the company’s stock, valued at approximately $121,767. The disclosure for this purchase can be found here.
About MEXICO EQUITY &
The Mexico Equity and Income Fund, Inc (the Fund) is a closed-end, non-diversified management investment company. The Fund’s investment objective is to seek high total return through capital appreciation and current income by investing at least 80% of the Fund’s assets in equity and convertible securities issued by Mexican companies and debt securities of Mexican issuers.
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