Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Morgan Stanley Emerging Markets Domestic (EDD) Stock Price
Media coverage about Morgan Stanley Emerging Markets Domestic (NYSE:EDD) has been trending somewhat positive recently, Accern reports. Accern rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Morgan Stanley Emerging Markets Domestic earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the investment management company an impact score of 45.8934728495234 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Morgan Stanley Emerging Markets Domestic (NYSE EDD) traded up 0.36% during midday trading on Friday, reaching $8.25. 237,716 shares of the company traded hands. Morgan Stanley Emerging Markets Domestic has a one year low of $6.94 and a one year high of $8.37. The stock’s 50 day moving average is $8.18 and its 200 day moving average is $7.99.
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Morgan Stanley Emerging Markets Domestic Company Profile
Morgan Stanley Emerging Markets Domestic Debt Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to seek a high level of current income. Its secondary investment objective is of long-term capital appreciation. The Fund invests approximately 80% of its managed assets in emerging markets domestic debt.
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