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 $0.0974 per share. Over the last 34 times between 2022 and 2024, RiverNorth Managed has paid $3.3738 with an average of $0.1 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 11th of February 2022 when the price was $18.54, you would have made a loss of $-2.93 per share or -15.80%
No, the average daily trading liquidity for RiverNorth Managed is $25 631 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 a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.14, the company's ability to pay off the debt is normal. RiverNorth Managed has a very good net profit margin of 98.90% 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.