Press coverage about Goldman Sachs MLP (NYSE:GER) has been trending positive recently, Accern Sentiment reports. The research group ranks the sentiment of news coverage by reviewing more than twenty million blog and news 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. Goldman Sachs MLP earned a media sentiment score of 0.33 on Accern’s scale. Accern also gave media headlines about the investment management company an impact score of 47.228910520714 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
NYSE:GER traded up $0.03 on Friday, hitting $6.23. 180,390 shares of the stock were exchanged, compared to its average volume of 438,538. Goldman Sachs MLP has a 52 week low of $5.25 and a 52 week high of $8.29.
In related news, insider Ganesh Jois purchased 7,500 shares of the stock in a transaction dated Friday, February 9th. The stock was bought at an average cost of $6.29 per share, with a total value of $47,175.00. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Matthew Cooper purchased 13,850 shares of the stock in a transaction dated Thursday, February 22nd. The stock was bought at an average cost of $6.43 per share, with a total value of $89,055.50. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 28,850 shares of company stock valued at $186,406.
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Goldman Sachs MLP and Energy Renaissance Fund is a non-diversified, closed-end management investment company. It seeks a high level of total return with an emphasis on current distributions to shareholders. It seeks to achieve its investment objective by investing primarily in master limited partnership (MLP) and other energy investments.
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