stoxline Quote Chart Rank Option Currency Glossary
  
Allspring Multi-Sector Income Fund (ERC)
9.04  -0.01 (-0.11%)    07-26 16:00
Open: 9.04
High: 9.065
Volume: 78,203
  
Pre. Close: 9.05
Low: 9.04
Market Cap: 254(M)
Technical analysis
2024-07-26 4:43:56 PM
Short term     
Mid term     
Targets 6-month :  10.74 1-year :  12.55
Resists First :  9.19 Second :  10.74
Pivot price 9.09
Supports First :  8.99 Second :  8.86
MAs MA(5) :  9.04 MA(20) :  9.07
MA(100) :  9.09 MA(250) :  9.21
MACD MACD :  0 Signal :  0
%K %D K(14,3) :  12.2 D(3) :  20.6
RSI RSI(14): 47.6
52-week High :  9.73 Low :  8.51
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.
[ ERC ] has closed above bottom band by 22.2%. Bollinger Bands are 32.3% narrower 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: 9.08 - 9.12 9.12 - 9.16
Low: 8.91 - 8.96 8.96 - 9.02
Close: 8.94 - 9.02 9.02 - 9.11
Company Description

Allspring Multi-Sector Income Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. The fund is co-managed by First International Advisors, Inc. and Wells Capital Management Incorporated. It invests in fixed income markets across the globe. The fund primarily invests in a mix of non-investment-grade corporate debt securities, including bank loan securities, foreign and emerging markets debt securities, adjustable and fixed-rate mortgages, and investment-grade corporate bonds. Allspring Multi-Sector Income Fund was formed on June 25, 2003 and is domiciled in the United States.

Headline News

Fri, 26 Jul 2024
Allspring Closed-End Funds Declare Monthly Distributions - StockTitan

Fri, 26 Jul 2024
Allspring Closed-End Funds Declare Monthly Distributions - PR Newswire

Thu, 25 Jul 2024
Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC) Shares Pass Above 50 Day Moving Average of $0.00 - Defense World

Sun, 21 Jul 2024
Trading (ERC) With Integrated Risk Controls - Stock Traders Daily

Tue, 16 Jul 2024
Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC) Sees Large Increase in Short Interest - Defense World

Thu, 11 Jul 2024
How To Trade (ERC) - Stock Traders Daily

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.
Outperform
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 28 (M)
Shares Float 0 (M)
Held by Insiders 0 (%)
Held by Institutions 24.9 (%)
Shares Short 9 (K)
Shares Short P.Month 15 (K)
Stock Financials
EPS 0.15
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 9.81
Profit Margin 15.9 %
Operating Margin 91 %
Return on Assets (ttm) 3.4 %
Return on Equity (ttm) 1.4 %
Qtrly Rev. Growth 5.5 %
Gross Profit (p.s.) 0.9
Sales Per Share 0.93
EBITDA (p.s.) 0
Qtrly Earnings Growth 0 %
Operating Cash Flow 47 (M)
Levered Free Cash Flow 11 (M)
Stock Valuations
PE Ratio 60.26
PEG Ratio 0
Price to Book value 0.92
Price to Sales 9.68
Price to Cash Flow 5.34
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

StockChart iOS

StoxlineLite iOS

StoxlineLite iOS

OptionCalc iOS

StockChart Android

StoxlineLite Android

StoxlinePro Android

OptionCalc Android