TAIWAN Fd Inc/SH (TWN) Earning Somewhat Favorable Press Coverage, Analysis Shows

Press coverage about TAIWAN Fd Inc/SH (NYSE:TWN) has trended somewhat positive recently, Accern 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. TAIWAN Fd Inc/SH earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned news stories about the company an impact score of 46.080447116013 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Shares of TAIWAN Fd Inc/SH traded down $0.26, hitting $21.23, during trading hours on Thursday, Marketbeat.com reports. The company had a trading volume of 941 shares, compared to its average volume of 10,934. TAIWAN Fd Inc/SH has a fifty-two week low of $18.95 and a fifty-two week high of $22.25.

In related news, major shareholder City Of London Investment Grou sold 36,205 shares of the business’s stock in a transaction that occurred on Friday, June 8th. The stock was sold at an average price of $21.58, for a total transaction of $781,303.90. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold a total of 161,574 shares of company stock worth $3,356,223 over the last three months. 2.00% of the stock is owned by insiders.

About TAIWAN Fd Inc/SH

The Taiwan Fund, Inc is a diversified, closed-end management investment company. The Fund’s investment objective is to seek long-term capital appreciation through investment primarily in equity securities listed on the Taiwan Stock Exchange (TSE) in the Republic of China (ROC). The Fund invests in various sectors, including biotechnology and medical care; building material and construction; cement; chemical; communications and Internet; computer and peripheral equipment; electric and machinery; electronic parts and components; financial and insurance; foods; oil, gas and electricity; optoelectronic; plastics; semiconductor; shipping and transportation; textiles, and trading and consumers’ goods.

Receive News & Ratings for TAIWAN Fd Inc/SH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TAIWAN Fd Inc/SH and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply