Adams Resources & Energy (NYSEAMERICAN:AE) Shares Cross Below Fifty Day Moving Average of $0.00

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Adams Resources & Energy Inc (NYSEAMERICAN:AE)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.00 and traded as low as $33.23. Adams Resources & Energy shares last traded at $33.23, with a volume of 356 shares trading hands.

Adams Resources & Energy (NYSEAMERICAN:AE) last announced its quarterly earnings data on Wednesday, May 8th. The energy company reported $0.20 earnings per share for the quarter. The business had revenue of $445.17 million for the quarter.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 21st. Investors of record on Friday, June 7th were issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 2.90%. The ex-dividend date was Thursday, June 6th. This is a positive change from Adams Resources & Energy’s previous quarterly dividend of $0.22.

A number of institutional investors have recently bought and sold shares of AE. Prudential Financial Inc. grew its holdings in Adams Resources & Energy by 3.0% in the fourth quarter. Prudential Financial Inc. now owns 15,019 shares of the energy company’s stock valued at $581,000 after purchasing an additional 431 shares during the last quarter. BlackRock Inc. grew its holdings in Adams Resources & Energy by 1.7% in the fourth quarter. BlackRock Inc. now owns 178,904 shares of the energy company’s stock valued at $6,925,000 after purchasing an additional 2,929 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Adams Resources & Energy by 11.1% in the fourth quarter. Bank of New York Mellon Corp now owns 25,028 shares of the energy company’s stock valued at $969,000 after purchasing an additional 2,502 shares during the last quarter. Geode Capital Management LLC grew its holdings in Adams Resources & Energy by 7.5% in the fourth quarter. Geode Capital Management LLC now owns 24,934 shares of the energy company’s stock valued at $965,000 after purchasing an additional 1,745 shares during the last quarter. Finally, FMR LLC grew its holdings in Adams Resources & Energy by 1.6% in the fourth quarter. FMR LLC now owns 193,569 shares of the energy company’s stock valued at $7,493,000 after purchasing an additional 2,998 shares during the last quarter.

About Adams Resources & Energy (NYSEAMERICAN:AE)

Adams Resources & Energy, Inc, through its subsidiaries, primarily engages in the marketing, transportation, and storage of crude oil in the United States. The company operates in two segments, Crude Oil Marketing, Transportation and Storage; and Tank Truck Transportation of Liquid Chemicals and Dry Bulk.

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