MEXICO EQUITY & (MXE) Earns News Sentiment Rating of 0.09
Press coverage about MEXICO EQUITY & (NYSE:MXE) has been trending somewhat positive on Saturday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MEXICO EQUITY & earned a news impact score of 0.09 on Accern’s scale. Accern also gave news stories about the investment management company an impact score of 43.7342428405996 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of MEXICO EQUITY & (NYSE:MXE) opened at 12.02 on Friday. The firm has a 50-day moving average price of $11.99 and a 200 day moving average price of $11.12. MEXICO EQUITY & has a 12-month low of $8.69 and a 12-month high of $12.22.
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In other MEXICO EQUITY & news, major shareholder City Of London Investment Grou bought 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, with a total value of $79,235.72. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
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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