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 Thursday 15th of August 2024 where the investors holding the stock on Thursday 1st of August 2024 were paid $0.375 per share. Over the last 9 times between 2022 and 2024, RiverNorth Opportunities has paid $3.1042 with an average of $0.34 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 Wednesday 13th of April 2022 when the price was $25.00, you would have made a loss of $-0.560 per share or -2.24%
No, the average daily trading liquidity for RiverNorth Opportunities is $7 966 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 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 427.51% 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 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 4.09 and is down -0.37 over the last 30 days.