Media coverage about RGC Resources (NASDAQ:RGCO) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. RGC Resources earned a coverage optimism score of 0.02 on Accern’s scale. Accern also assigned media coverage about the energy company an impact score of 45.5986440735675 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Separately, Janney Montgomery Scott initiated coverage on shares of RGC Resources in a research note on Wednesday, December 20th. They issued a “neutral” rating and a $29.00 target price on the stock.
Shares of RGC Resources (NASDAQ:RGCO) opened at $27.96 on Friday. The company has a quick ratio of 0.48, a current ratio of 1.09 and a debt-to-equity ratio of 1.02. RGC Resources has a 1-year low of $16.60 and a 1-year high of $31.99. The firm has a market cap of $200.18, a price-to-earnings ratio of 32.64 and a beta of 0.08.
The business also recently declared a quarterly dividend, which will be paid on Thursday, February 1st. Shareholders of record on Tuesday, January 16th will be issued a $0.155 dividend. The ex-dividend date is Friday, January 12th. This is an increase from RGC Resources’s previous quarterly dividend of $0.15. This represents a $0.62 dividend on an annualized basis and a yield of 2.22%. RGC Resources’s dividend payout ratio is 67.70%.
ILLEGAL ACTIVITY NOTICE: “RGC Resources (RGCO) Receiving Somewhat Positive News Coverage, Report Finds” was published by Week Herald and is the property of of Week Herald. If you are reading this piece on another publication, it was copied illegally and republished in violation of U.S. & international trademark and copyright legislation. The legal version of this piece can be viewed at https://weekherald.com/2017/12/29/rgc-resources-rgco-receiving-somewhat-positive-news-coverage-report-finds.html.
About RGC Resources
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.