Media stories about Thai Fund (NYSE:TTF) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Thai Fund earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the company an impact score of 44.8412497144864 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Thai Fund (NYSE:TTF) opened at $11.01 on Wednesday. Thai Fund has a 1 year low of $6.86 and a 1 year high of $11.18.
In other news, major shareholder City Of London Investment Grou sold 134,287 shares of Thai Fund stock in a transaction on Monday, October 9th. The stock was sold at an average price of $10.52, for a total transaction of $1,412,699.24. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Over the last quarter, insiders have sold 696,397 shares of company stock worth $7,488,313.
Thai Fund Company Profile
The Thai Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investment primarily in equity securities of companies organized under the laws of the Kingdom of Thailand. The Fund seeks long-term capital appreciation and integrates top-down sector allocation and bottom-up stock selection with a growth bias.
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