RGC Resources (RGCO) Receives Daily Media Sentiment Rating of -0.01
News stories about RGC Resources (NASDAQ:RGCO) have been trending somewhat negative recently, Accern reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. RGC Resources earned a news impact score of -0.01 on Accern’s scale. Accern also assigned news articles about the energy company an impact score of 46.4442042647402 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Separately, Janney Montgomery Scott began coverage on shares of RGC Resources in a research report on Wednesday, December 20th. They set a “neutral” rating and a $29.00 price objective on the stock.
RGC Resources (NASDAQ:RGCO) traded up $0.32 during midday trading on Monday, reaching $26.69. 10,800 shares of the company’s stock traded hands, compared to its average volume of 6,650. RGC Resources has a 12-month low of $16.71 and a 12-month high of $31.99. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.48 and a current ratio of 1.09. The stock has a market cap of $193.51, a PE ratio of 31.16 and a beta of 0.08.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Tuesday, January 16th will be given a dividend of $0.155 per share. This represents a $0.62 annualized dividend and a yield of 2.32%. This is a boost from RGC Resources’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Friday, January 12th. RGC Resources’s payout ratio is presently 67.70%.
RGC Resources Company Profile
RGC Resources, Inc (Resources) is an energy services company. The Company is engaged in the regulated sale and distribution of natural gas to residential, commercial and industrial customers in Roanoke, Virginia, and the surrounding localities, through its Roanoke Gas Company (Roanoke Gas) subsidiary.
Receive News & Stock Ratings for RGC Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RGC Resources and related stocks with our FREE daily email newsletter.