Is VanEck Steel ETF stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, VanEck Steel ETF pays dividends. Last time was Friday 22nd of December 2023 where the investors holding the stock on Monday 18th of December 2023 were paid $2.0667 per share. Over the last 20 times between 2006 and 2023, VanEck Steel ETF has paid $23.6787 with an average of $1.18 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for VanEck Steel ETF 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $36.35, you would have made a profit of $33.56 per share or 92.32%
No, the average daily trading liquidity for VanEck Steel ETF is $9 886 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
VanEck Steel ETF has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for VanEck Steel ETF to be medium [0.6 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.