Press coverage about Central Securities Corp. (NYSE:CET) has been trending somewhat positive on Saturday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Central Securities Corp. earned a news impact score of 0.13 on Accern’s scale. Accern also gave news stories about the company an impact score of 47.9001975345283 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.
Shares of Central Securities Corp. (NYSE CET) opened at 24.55 on Friday. The firm has a 50-day moving average price of $25.31 and a 200 day moving average price of $24.45. Central Securities Corp. has a 12-month low of $20.06 and a 12-month high of $25.99. The stock has a market cap of $609.09 million and a PE ratio of 3.73.
About Central Securities Corp.
Central Securities Corporation is a non-diversified, closed-end management investment company. The Company’s investment objective is long-term growth of capital and its approach is based on value investing. The Company invests primarily in common stocks, but it may invest in bonds, convertible bonds, preferred stocks, convertible preferred stocks, warrants, options real estate, or short-term obligations of governments, banks and corporations.
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