Is Destra Multi-Alternative stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Destra Multi-Alternative pays dividends. Last time was Friday 30th of June 2023 where the investors holding the stock on Friday 16th of June 2023 were paid $0.0526 per share. Over the last 18 times between 2022 and 2023, Destra Multi-Alternative has paid $1.0164 with an average of $0.06 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Destra Multi-Alternative 10 years ago, but if you had invested on Thursday 13th of January 2022 when the price was $8.91, you would have made a loss of $-0.680 per share or -7.63%
No, the average daily trading liquidity for Destra Multi-Alternative is $37 356 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.
Destra Multi-Alternative has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.19, the company's ability to pay off the debt is normal. Destra Multi-Alternative has a very good net profit margin of 91.70% and should have very high tolerances against inflation.
We have calculated the inflation risk for Destra Multi-Alternative to be low [0.3 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.