stoxline Quote Chart Rank Option Currency Glossary
  
Abrdn Income Credit Strategies Fund (ACP)
6.68  -0.02 (-0.3%)    05-28 16:00
Open: 6.7
High: 6.72
Volume: 319,021
  
Pre. Close: 6.7
Low: 6.66
Market Cap: 348(M)
Technical analysis
2024-05-28 4:20:12 PM
Short term     
Mid term     
Targets 6-month :  7.92 1-year :  8.21
Resists First :  6.78 Second :  7.03
Pivot price 6.8
Supports First :  6.38 Second :  5.3
MAs MA(5) :  6.75 MA(20) :  6.75
MA(100) :  6.77 MA(250) :  6.69
MACD MACD :  0 Signal :  0
%K %D K(14,3) :  15.1 D(3) :  33.8
RSI RSI(14): 43.8
52-week High :  7.17 Low :  5.55
Price, MAs and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently above mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and NEUTRAL in mid-long term.
[ ACP ] has closed above bottom band by 16.6%. Bollinger Bands are 29.7% wider than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 6.74 - 6.78 6.78 - 6.81
Low: 6.54 - 6.6 6.6 - 6.64
Close: 6.6 - 6.68 6.68 - 6.75
Company Description

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

Sat, 18 May 2024
(ACP) Long Term Investment Analysis - Stock Traders Daily

Sat, 18 May 2024
Abrdn Income Credit Strategies Fund (NYSE:ACP) Shares Pass Above 200 Day Moving Average of $6.65 - Defense World

Tue, 07 May 2024
Abrdn Income Credit Strategies Fund (NYSE:ACP) Share Price Passes Above 200 Day Moving Average of $6.60 - Defense World

Thu, 18 Apr 2024
First Trust Announces Adjournment of the Joint Special Meeting of Shareholders Relating to the Reorganizations of ... - Business Wire

Thu, 22 Feb 2024
Want $3000 In Passive Income? Invest $1250 Into These 12 Dividend Stocks - 24/7 Wall St.

Fri, 19 Jan 2024
abrdn Income Credit Strategies Fund (ACP) Announces Results of the Special Shareholder Meeting Relating to ... - Yahoo Finance

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Neutral
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Outperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Underperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Outperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Underperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Neutral
Stock Basics & Statistics
Exchange:
NYSE
Sector:
Financial Services
Industry:
Asset Management - Income
Shares Out 52 (M)
Shares Float 0 (M)
Held by Insiders 0 (%)
Held by Institutions 23.8 (%)
Shares Short 898 (K)
Shares Short P.Month 538 (K)
Stock Financials
EPS 1.03
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 6.51
Profit Margin 80.3 %
Operating Margin 79.7 %
Return on Assets (ttm) 4.9 %
Return on Equity (ttm) 10.3 %
Qtrly Rev. Growth 41.7 %
Gross Profit (p.s.) 0
Sales Per Share 0.72
EBITDA (p.s.) 0
Qtrly Earnings Growth 0 %
Operating Cash Flow -1 (M)
Levered Free Cash Flow 6 (M)
Stock Valuations
PE Ratio 6.42
PEG Ratio 0
Price to Book value 1.02
Price to Sales 9.23
Price to Cash Flow -407.13
Stock Dividends
Dividend 0.1
Forward Dividend 0
Dividend Yield 1.4%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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