Is Destra MultiAlternative 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 MultiAlternative 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 MultiAlternative 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 MultiAlternative 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 $-0.140 per share or -1.57%
No, the average daily trading liquidity for Destra MultiAlternative is $14 393 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 MultiAlternative has no real debt, which is good in periods of high inflation. Destra MultiAlternative 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 MultiAlternative to be low [0.3 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.