Is Convergence Long/Short stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Convergence Long/Short pays dividends. Last time was Thursday 21st of December 2023 where the investors holding the stock on Friday 15th of December 2023 were paid $0.20637 per share. Over the last 2 times between 2022 and 2023, Convergence Long/Short has paid $0.33137 with an average of $0.17 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Convergence Long/Short 10 years ago, but if you had invested on Tuesday 22nd of February 2022 when the price was $15.28, you would have made a profit of $7.58 per share or 49.61%
Yes, the average daily trading liquidity for Convergence Long/Short is $53 012 thousand. You should therefore be able to get in and out of your positions relatively fast.
Convergence Long/Short has N/A of the business financed by loans. This puts the company at N/A risk in periods of high inflation where borrowing costs usually go up. With a N/A cash flow to debt ratio of 0, the company's ability to pay off the debt is N/A. 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 Convergence Long/Short to be low [0 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 4.09 and is down -0.37 over the last 30 days.