Gabelli Equity Trust, Inc. (The) (GAB) Receives Daily News Impact Rating of 0.08
Headlines about Gabelli Equity Trust, Inc. (The) (NYSE:GAB) have trended somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by reviewing more than 20 million blog and news 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. Gabelli Equity Trust, Inc. (The) earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.1860678493941 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Gabelli Equity Trust, Inc. (GAB) traded up 0.33% during midday trading on Friday, hitting $6.17. The company had a trading volume of 677,727 shares. Gabelli Equity Trust, Inc. has a 12-month low of $5.13 and a 12-month high of $6.36. The company’s 50-day moving average price is $6.24 and its 200 day moving average price is $6.07.
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About Gabelli Equity Trust, Inc. (The)
The Gabelli Equity Trust Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s primary objective is to achieve long term growth of capital with income as a secondary objective. The Fund will invest at least 80% of its assets in equity securities under normal market conditions.
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