Media headlines about MVC Capital (NYSE:MVC) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. MVC Capital earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned news coverage about the investment management company an impact score of 45.3975859926972 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the news stories that may have impacted Accern’s analysis:

MVC Capital (NYSE MVC) opened at 10.01 on Monday. MVC Capital has a 52-week low of $8.20 and a 52-week high of $10.47. The company has a 50-day moving average of $10.13 and a 200-day moving average of $9.52.

MVC Capital declared that its board has authorized a stock buyback program on Friday, July 21st that allows the company to buyback $15.00 million in outstanding shares. This buyback authorization allows the investment management company to reacquire shares of its stock through a dutch auction. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

TRADEMARK VIOLATION WARNING: “Somewhat Positive News Coverage Somewhat Unlikely to Affect MVC Capital (MVC) Stock Price” was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this story on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this story can be read at https://www.thecerbatgem.com/2017/10/02/somewhat-positive-news-coverage-somewhat-unlikely-to-affect-mvc-capital-mvc-stock-price.html.

About MVC Capital

MVC Capital, Inc is a non-diversified closed-end management investment company. The Company’s investment objective is to seek to maximize total return from capital appreciation and/or income. The Company’s segments are its investing operations as a business development company, which includes MVC Cayman and MVC Turf, LLC and MVC Financial Services, Inc (MVCFS).

Insider Buying and Selling by Quarter for MVC Capital (NYSE:MVC)

Receive News & Stock Ratings for MVC Capital Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MVC Capital Inc. and related stocks with our FREE daily email newsletter.