News stories about Hennessy Advisors (NASDAQ:HNNA) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hennessy Advisors earned a news impact score of 0.05 on Accern’s scale. Accern also assigned news articles about the asset manager an impact score of 46.3159158247763 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
NASDAQ HNNA traded down $0.06 on Friday, hitting $15.22. 2,375 shares of the stock were exchanged, compared to its average volume of 12,857. Hennessy Advisors has a 52-week low of $14.29 and a 52-week high of $20.00. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.50 and a current ratio of 2.50. The stock has a market cap of $119.31 million, a price-to-earnings ratio of 7.42 and a beta of 0.54.
Hennessy Advisors (NASDAQ:HNNA) last posted its quarterly earnings results on Wednesday, August 1st. The asset manager reported $0.53 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.11). Hennessy Advisors had a net margin of 37.19% and a return on equity of 26.84%. The company had revenue of $13.57 million for the quarter.
Hennessy Advisors Company Profile
Hennessy Advisors, Inc is publicly owned investment manager. It provides its services to Hennessy Funds and investment companies. The firm launches and manages equity, fixed income, and balanced mutual funds. It invests in the public equity and fixed income markets across the globe. The firm primarily invests in growth stocks of companies.
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