Somewhat Positive News Coverage Somewhat Unlikely to Impact Cleco Corporate Holdings (CNL) Stock Price
Press coverage about Cleco Corporate Holdings (NYSE:CNL) has been trending somewhat positive recently, according to Accern. The research group ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cleco Corporate Holdings earned a news impact score of 0.09 on Accern’s scale. Accern also gave media stories about the utilities provider an impact score of 45.1292189477487 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Cleco Corporate Holdings (NYSE:CNL) traded up 0.09% during mid-day trading on Monday, reaching $55.36. The company’s stock had a trading volume of 5,895,535 shares. Cleco Corporate Holdings has a one year low of $44.78 and a one year high of $55.37. The firm’s 50 day moving average is $49.83 and its 200-day moving average is $51.70.
About Cleco Corporate Holdings
Cleco Corporate Holdings LLC, formerly Cleco Corporation, is a public utility holding company. The Company’s segments include Cleco Power and Other. Cleco Power is a regulated electric utility company that owns over 10 generating units with a total nameplate capacity of approximately 3,330 megawatts (MW) and serves approximately 287,000 customers in Louisiana through its retail business and supplies wholesale power in Louisiana and Mississippi.
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