Abrdn Income Credit Strategies Fund (ACP) |
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6.81 0.01 (0.15%)
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09-27 16:00 |
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Open: |
6.8 |
Pre. Close: |
6.8 |
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High:
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6.8295 |
Low:
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6.77 |
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Volume:
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240,045 |
Market Cap:
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355(M) |
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Technical analysis |
as of: 2023-09-27 4:17:27 PM |
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Short-term rate:
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| Stoxline posted a SELL today, same as yesterday. Downward movement continues. |
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Mid-term rate:
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| Target: |
Six months: 8.19 One year: 8.37 |
| Support: |
Support1: 6.77 Support2: 5.63 |
| Resistance: |
Resistance1: 7.01 Resistance2: 7.17 |
| Pivot: |
7.01 |
| Moving Average: |
MA(5): 6.89 MA(20): 7.01
MA(100): 6.85  MA(250): 6.93 |
| MACD: |
MACD(12,26): -0.1 Signal(9): 0 |
| Stochastic oscillator: |
%K(14,3): 6.8 %D(3): 8.2 |
| RSI: |
RSI(14): 33.9 |
| 52-week: |
High: 8.63 Low: 6.01 |
| Average Vol(K): |
3-Month: 273 (K) 10-Days: 243 (K) |
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Price, moving averages and Bollinger Bands |
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Price has closed below its short-term moving average. Short-term moving average is currently below mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BEARISH in short-term; and NEUTRAL in mid-long term.[ ACP ] has closed below the lower bollinger band by 1.0%. Although price has broken the lower band and a downside breakout is possible; the most likely direction for [ ACP ] is to continue within current trading range. It is unclear right now based on current values. 72.1% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 1 days. This is a sign that the current trend might continue. |
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Stock Price Prediction |
Update at 5:00pm EST |
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If tomorrow:
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Open lower
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Open higher
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High:
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6.93 - 6.97 |
6.97 - 7.02 |
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Low:
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6.69 - 6.73 |
6.73 - 6.78 |
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Close:
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6.72 - 6.79 |
6.79 - 6.88 |
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Company Description |
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Abrdn Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited. It is co-managed by Aberdeen Standard Investments Inc. The fund invests in fixed income markets across the globe. It seeks to invest primarily in loan and debt instruments. Abrdn Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States. |
Headline News |
Tue, 12 Sep 2023
abrdn Income Credit Strategies Fund 5.25% Series A Perpetual ... - Kansas City Star
Wed, 09 Aug 2023
abrdn U.S. Closed-End Funds Announce Distribution Payment Details - Yahoo Finance
Mon, 13 Mar 2023
Delaware Ivy High Income Opportunities Fund announces ... - Business Wire
Thu, 23 Feb 2023
Delaware Ivy High Income Opportunities Fund Announces Final ... - Business Wire
Thu, 22 Dec 2022
abrdn's US Closed-End Funds Announce Closing Date for ... - AccessWire
Wed, 09 Nov 2022
ACP Dividend Announcement $0.1000/Share 11/9/2022 - Dividend Investor
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Financial Analysis |
| Price to Book Value: |
Neutral |
| P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly. |
| Price to Earnings: |
Neutral |
| PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS). |
| Discounted cash flow: |
Neutral |
| DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows. |
| Return on Assets: |
Neutral |
| ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit. |
| Return on Equity: |
Neutral |
| ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency. |
| Debt to Equity: |
Neutral |
| evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn. |
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Stock Basics & Statistics |
| Exchange: NYSE |
| Sector: Financial Services |
| Industry: Asset Management |
| Shares Out. |
52 (M) |
| Shares Float |
0 (M) |
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% Held by Insiders
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0 (%) |
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% Held by Institutions
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30.6 (%) |
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Shares Short
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264 (K) |
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Shares Short P.Month
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268 (K) |
Stock Financials |
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EPS
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-0.52 |
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EPS Est Next Qtl
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0 |
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EPS Est This Year
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0 |
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EPS Est Next Year
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0 |
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Book Value (p.s.)
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7.03 |
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Profit Margin (%)
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-34.7 |
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Operating Margin (%)
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84.3 |
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Return on Assets (ttm)
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3.7 |
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Return on Equity (ttm)
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-3.4 |
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Qtrly Rev. Growth
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23.1 |
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Gross Profit (p.s.)
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0.54 |
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Sales Per Share
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0.61 |
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EBITDA (p.s.)
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0 |
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Qtrly Earnings Growth
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0 |
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Operating Cash Flow
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-148 (M) |
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Levered Free Cash Flow
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26 (M) |
Stock Valuations |
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PE Ratio
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-13.11 |
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PEG Ratio
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0 |
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Price to Book value
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0.96 |
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Price to Sales
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11.13 |
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Price to Cash Flow
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-2.4 |
Stock Dividends |
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Dividend
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0.1 |
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Forward Dividend
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0 |
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Dividend Yield
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1.4% |
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Dividend Pay Date
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Invalid DateTime. |
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Ex-Dividend Date
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Invalid DateTime. |
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