Is Summit Industrial 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, Summit Industrial Income pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Friday 28th of October 2022 were paid $0.0484 per share. Over the last 105 times between 2014 and 2022, Summit Industrial Income has paid $4.5198 with an average of $0.04 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Summit Industrial Income 10 years ago, but if you had invested on Monday 10th of January 2022 when the price was $16.81, you would have made a profit of $0.455 per share or 2.71%
No, the average daily trading liquidity for Summit Industrial Income is $1 684 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.
Summit Industrial Income has N/A of the business financed by loans. This puts the company at N/A risk in periods of high inflation where borrowing costs usually go up. With a N/A cash flow to debt ratio of 0, the company's ability to pay off the debt is N/A. 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 Summit Industrial Income to be low [0 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.