Press coverage about Kayne Anderson Energy Development (NYSE:KED) has been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Kayne Anderson Energy Development earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned news coverage about the investment management company an impact score of 46.9516427331076 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Kayne Anderson Energy Development (NYSE:KED) opened at $15.78 on Friday. Kayne Anderson Energy Development has a 1 year low of $14.10 and a 1 year high of $19.80. The firm has a market cap of $182.29, a P/E ratio of -12.33 and a beta of 1.23.
Kayne Anderson Energy Development Company Profile
Kayne Anderson Energy Development Company is a non-diversified, closed-end fund. The Fund’s investment objective is to generate both current income and capital appreciation, through equity and debt investments. It seeks to achieve this objective by investing approximately 80% of its total assets in securities of companies that derive their revenue from activities in the energy industry, including midstream energy companies, which operates assets used to gather, transport, process, treat, terminal and store natural gas, natural gas liquids, crude oil or refined petroleum products; upstream energy companies, which are engaged in the exploration, extraction and production of natural resources, including natural gas, natural gas liquids and crude oil, from onshore and offshore geological reservoirs, and other energy companies, which are engaged in owning, leasing, managing, producing, processing and selling of coal and coal reserves.
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