News articles about Kayne Anderson Energy Development (NYSE:KED) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Kayne Anderson Energy Development earned a news impact score of 0.20 on Accern’s scale. Accern also gave headlines about the investment management company an impact score of 47.3786583645314 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Kayne Anderson Energy Development (NYSE:KED) opened at $17.32 on Monday. Kayne Anderson Energy Development has a 52 week low of $14.10 and a 52 week high of $20.39. The firm has a market capitalization of $186.05, a price-to-earnings ratio of -13.53 and a beta of 1.20.
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Kayne Anderson Energy Development Company Profile
Kayne Anderson Energy Development Company is a non-diversified, closed-end fund. The Fund’s investment objective is to generate both current income and capital appreciation, through equity and debt investments. It seeks to achieve this objective by investing approximately 80% of its total assets in securities of companies that derive their revenue from activities in the energy industry, including midstream energy companies, which operates assets used to gather, transport, process, treat, terminal and store natural gas, natural gas liquids, crude oil or refined petroleum products; upstream energy companies, which are engaged in the exploration, extraction and production of natural resources, including natural gas, natural gas liquids and crude oil, from onshore and offshore geological reservoirs, and other energy companies, which are engaged in owning, leasing, managing, producing, processing and selling of coal and coal reserves.
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