Is Rivernorth Managed 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 Managed pays dividends. Last time was Tuesday 31st of December 2024 where the investors holding the stock on Friday 13th of December 2024 were paid $0.0916 per share. Over the last 64 times between 2019 and 2024, Rivernorth Managed has paid $5.8798 with an average of $0.09 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Rivernorth Managed 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $19.87, you would have made a loss of $-4.53 per share or -22.80%
No, the average daily trading liquidity for Rivernorth Managed is $48 017 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 Managed has no real debt, which is good in periods of high inflation. Rivernorth Managed has a very good net profit margin of 99.34% and should have very high tolerances against inflation.
We have calculated the inflation risk for Rivernorth Managed 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.