Is RiverNorth/DoubleLine stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, RiverNorth/DoubleLine pays dividends. Last time was Thursday 15th of August 2024 where the investors holding the stock on Thursday 1st of August 2024 were paid $0.29688 per share. Over the last 10 times between 2022 and 2024, RiverNorth/DoubleLine has paid $2.9688 with an average of $0.3 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for RiverNorth/DoubleLine 10 years ago, but if you had invested on Tuesday 16th of November 2021 when the price was $25.05, you would have made a loss of $-3.79 per share or -15.13%
No, the average daily trading liquidity for RiverNorth/DoubleLine is $2 753 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.
RiverNorth/DoubleLine has no real debt, which is good in periods of high inflation. RiverNorth/DoubleLine has a very good net profit margin of 276.98% and should have very high tolerances against inflation.
We have calculated the inflation risk for RiverNorth/DoubleLine 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.