Somewhat Positive Media Coverage Somewhat Unlikely to Impact RGC Resources (NASDAQ:RGCO) Stock Price

Media headlines about RGC Resources (NASDAQ:RGCO) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. RGC Resources earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave news stories about the energy company an impact score of 46.9778057701494 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

RGC Resources (RGCO) opened at 25.10 on Monday. The firm’s 50-day moving average is $27.70 and its 200 day moving average is $23.27. RGC Resources has a one year low of $14.88 and a one year high of $31.99. The firm has a market capitalization of $181.52 million, a price-to-earnings ratio of 29.08 and a beta of 0.12.

RGC Resources (NASDAQ:RGCO) last announced its earnings results on Monday, July 31st. The energy company reported $0.08 earnings per share (EPS) for the quarter. RGC Resources had a net margin of 10.01% and a return on equity of 10.70%. The business had revenue of $11.44 million for the quarter.

The business also recently announced a quarterly dividend, which was paid on Tuesday, August 1st. Investors of record on Monday, July 17th were given a dividend of $0.145 per share. This represents a $0.58 dividend on an annualized basis and a yield of 2.31%. The ex-dividend date was Thursday, July 13th. RGC Resources’s dividend payout ratio (DPR) is currently 67.70%.

In related news, VP C James Shockley, Jr. sold 4,500 shares of the business’s stock in a transaction on Wednesday, June 14th. The shares were sold at an average price of $27.11, for a total transaction of $121,995.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders have purchased 360 shares of company stock worth $9,578 in the last ninety days. 8.40% of the stock is currently owned by insiders.

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.