Somewhat Positive News Coverage Somewhat Unlikely to Affect MCG Capital Corp (MCGC) Share Price
News coverage about MCG Capital Corp (NASDAQ:MCGC) has trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. MCG Capital Corp earned a news sentiment score of 0.00 on Accern’s scale. Accern also assigned news stories about the asset manager an impact score of 45.2112787326799 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 MCG Capital Corp (NASDAQ:MCGC) remained flat at $4.43 during midday trading on Friday. MCG Capital Corp has a 12 month low of $3.00 and a 12 month high of $4.76. The firm has a 50 day moving average price of $4.45 and a 200-day moving average price of $4.30.
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About MCG Capital Corp
PFLT Funding II, LLC, formerly MCG Capital Corporation, is a United States-based company. The Company provides products and services.
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