Is RiverNorth Opportunities 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 Opportunities pays dividends. Last time was Monday 30th of September 2024 where the investors holding the stock on Friday 13th of September 2024 were paid $0.1289 per share. Over the last 107 times between 2016 and 2024, RiverNorth Opportunities has paid $18.2251 with an average of $0.17 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for RiverNorth Opportunities 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $17.14, you would have made a loss of $-4.85 per share or -28.30%
Yes, the average daily trading liquidity for RiverNorth Opportunities is $97 698 thousand. You should therefore be able to get in and out of your positions relatively fast.
RiverNorth Opportunities has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. RiverNorth Opportunities has a very good net profit margin of 172.26% and should have very high tolerances against inflation.
We have calculated the inflation risk for RiverNorth Opportunities 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.