Is Exchange Traded Concepts stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Exchange Traded Concepts pays dividends. Last time was Tuesday 31st of March 2020 where the investors holding the stock on Thursday 26th of March 2020 were paid $0.183 per share. Over the last 26 times between 2013 and 2020, Exchange Traded Concepts has paid $4.005 with an average of $0.15 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Exchange Traded Concepts 10 years ago, but if you had invested on Monday 1st of November 2021 when the price was $9.78, you would have made a loss of $-1.780 per share or -18.20%
Yes, the average daily trading liquidity for Exchange Traded Concepts is $158 007 thousand. You should therefore be able to get in and out of your positions relatively fast.
Exchange Traded Concepts has no real debt, which is good in periods of high inflation. With a high cash flow to debt ratio of 0.94, the company's ability to pay off the debt is good. 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 Exchange Traded Concepts 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.