Latin American (LDF) Getting Somewhat Favorable News Coverage, Analysis Finds
News headlines about Latin American (NYSE:LDF) have trended somewhat positive on Sunday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Latin American earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.3239866407578 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Latin American (NYSE:LDF) opened at 11.71 on Friday. The firm has a 50 day moving average of $11.30 and a 200 day moving average of $10.74. Latin American has a one year low of $8.78 and a one year high of $11.72.
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In other news, major shareholder City Of London Investment Grou sold 7,562 shares of the firm’s stock in a transaction dated Tuesday, June 27th. The stock was sold at an average price of $10.52, for a total transaction of $79,552.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
About Latin American
The Latin American Discovery Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investments primarily in equity securities of Latin American issuers and by investing from time to time in debt securities issued or guaranteed by a Latin American Government or Governmental entity.
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