Is Purpose MultiAsset Income stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Purpose MultiAsset Income pays dividends. Last time was Tuesday 7th of May 2024 where the investors holding the stock on Thursday 25th of April 2024 were paid $0.06130404 per share. Over the last 4 times between 2023 and 2024, Purpose MultiAsset Income has paid $0.24803048 with an average of $0.06 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Purpose MultiAsset Income 10 years ago, but if you had invested on Friday 21st of April 2023 when the price was $13.71, you would have made a loss of $0.000 per share or 0.00%
No, the average daily trading liquidity for Purpose MultiAsset Income is $521 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.
Purpose MultiAsset Income has no real debt, which is good in periods of high inflation. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Purpose MultiAsset Income to be medium [0.6 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.