Is Canoe EIT Income Fund stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Canoe EIT Income Fund pays dividends. Last time was Friday 13th of December 2024 where the investors holding the stock on Friday 22nd of November 2024 were paid $0.07161 per share. Over the last 125 times between 2013 and 2024, Canoe EIT Income Fund has paid $9.719351 with an average of $0.08 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Canoe EIT Income Fund 10 years ago, but if you had invested on Friday 22nd of November 2019 when the price was $7.83, you would have made a profit of $3.25 per share or 41.51%
No, the average daily trading liquidity for Canoe EIT Income Fund is $3 082 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.
Canoe EIT Income Fund has no real debt, which is good in periods of high inflation. With a normal cash flow to debt ratio of 0.29, the company's ability to pay off the debt is normal. Canoe EIT Income Fund has a very good net profit margin of 126.78% and should have very high tolerances against inflation.
We have calculated the inflation risk for Canoe EIT Income Fund to be low [0.15 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.