RGC Resources (RGCO) Getting Somewhat Positive Press Coverage, Report Finds
News stories about RGC Resources (NASDAQ:RGCO) have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. RGC Resources earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned press coverage about the energy company an impact score of 47.1128691435195 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Separately, Janney Montgomery Scott began coverage on shares of RGC Resources in a report on Wednesday. They set a “neutral” rating and a $29.00 price objective on the stock.
RGC Resources (NASDAQ RGCO) traded down $0.62 on Friday, reaching $27.82. 11,933 shares of the company’s stock traded hands, compared to its average volume of 13,992. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.48 and a current ratio of 1.09. RGC Resources has a 1 year low of $16.53 and a 1 year high of $31.99. The firm has a market capitalization of $197.30, a P/E ratio of 32.35 and a beta of 0.08.
RGC Resources (NASDAQ:RGCO) last released its quarterly earnings data on Wednesday, November 15th. The energy company reported $0.02 earnings per share for the quarter. RGC Resources had a net margin of 10.01% and a return on equity of 10.52%. The firm had revenue of $10.17 million for the quarter.
The company also recently announced a quarterly dividend, which will be paid on Thursday, February 1st. Stockholders of record on Tuesday, January 16th will be paid a $0.155 dividend. This is a positive change from RGC Resources’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Friday, January 12th. This represents a $0.62 annualized dividend and a dividend yield of 2.23%. RGC Resources’s dividend payout ratio is presently 67.44%.
ILLEGAL ACTIVITY NOTICE: “RGC Resources (RGCO) Getting Somewhat Positive Press Coverage, Report Finds” was originally posted by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this story on another website, it was illegally stolen and republished in violation of US and international copyright laws. The legal version of this story can be accessed at https://theolympiareport.com/2017/12/24/rgc-resources-rgco-getting-somewhat-positive-press-coverage-report-finds-2.html.
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 & 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 companies with MarketBeat.com's FREE daily email newsletter.