Somewhat Positive News Coverage Somewhat Unlikely to Affect Templeton Emerging Markets Income Fund (TEI) Stock Price
News coverage about Templeton Emerging Markets Income Fund (NYSE:TEI) has trended somewhat positive recently, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Templeton Emerging Markets Income Fund earned a coverage optimism score of 0.25 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.0533708312758 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Templeton Emerging Markets Income Fund (NYSE:TEI) traded up 0.62% during midday trading on Monday, hitting $11.45. 91,811 shares of the company were exchanged. The stock has a 50 day moving average of $11.35 and a 200-day moving average of $11.39. Templeton Emerging Markets Income Fund has a 1-year low of $9.95 and a 1-year high of $11.75.
Templeton Emerging Markets Income Fund Company Profile
Templeton Emerging Markets Income Fund (the Fund) is a non-diversified, closed-ended management investment company. The Fund seeks high, current income, with a secondary goal of capital appreciation, by investing, under normal market conditions, at least 80% of its net assets in income-producing securities of sovereign or sovereign-related entities and private sector companies in emerging market countries.
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