Allspring Utilities and High Income Fund (ERH) |
10.41 -0.13 (-1.23%)
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03-22 14:43 |
Open: |
10.41 |
Pre. Close: |
10.54 |
High:
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10.41 |
Low:
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10.35 |
Volume:
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14,110 |
Market Cap:
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97(M) |
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Technical analysis |
as of: 2023-03-22 2:47:20 PM |
Overall:
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Stoxline posted a SELL today, downgraded from higher rating. Downward movement to be expected. |
Target: |
Six months: 12.59 One year: 13.09 |
Support: |
Support1: 10.09 Support2: 8.39 |
Resistance: |
Resistance1: 10.78 Resistance2: 11.21 |
Pivot: |
10.48 |
Moving Average: |
MA(5): 10.48 MA(20): 10.51 
MA(100): 11.09 MA(250): 11.81  |
MACD: |
MACD(12,26): -0.2 Signal(9): -0.2  |
Stochastic oscillator: |
%K(14,3): 52.4 %D(3): 47.8  |
RSI: |
RSI(14): 39.4  |
52-week: |
High: 14.44 Low: 9.69 |
Average Vol(K): |
3-Month: 18 (K) 10-Days: 19 (K) |
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Price, moving averages and Bollinger Bands |
Price has closed below its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is BEARISH in short-term; and BEARISH in mid-long term.[ ERH ] has closed above bottom band by 28.5%. Bollinger Bands are 29.8% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices. |
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Stock Price Prediction |
Update at 5:00pm EST |
If tomorrow:
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Open lower
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Open higher
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High:
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10.61 - 10.65 |
10.65 - 10.68 |
Low:
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10.27 - 10.32 |
10.32 - 10.36 |
Close:
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10.47 - 10.54 |
10.54 - 10.6 |
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Company Description |
Allspring Utilities and High Income Fund is a closed-ended balanced mutual fund launched and managed by Wells Fargo Funds Management LLC. It is co-managed by Crow Point Partners, LLC and Wells Capital Management Incorporated. The fund invests in the public equity and fixed income markets of the United States. It primarily invests in stocks of companies across all market capitalizations operating in utility sector including water, gas, electric, and telecommunications companies. For the fixed income component of its portfolio the fund seeks to invest in non-investment grade securities. Allspring Utilities and High Income Fund was formed on April 28, 2004 and is domiciled in the United States. |
Headline News |
Wed, 01 Mar 2023 Allspring Utilities and High Income Fund (ERH) CUSIP 94987E109 ... - PR Newswire
Fri, 27 Jan 2023 Allspring Closed-End Funds Declare Monthly Distributions - PR Newswire
Wed, 18 Jan 2023 ALLSPRING GLOBAL INVESTMENTS' ANNUAL RETIREMENT ... - PR Newswire
Fri, 13 Jan 2023 ERH: Some Concerns About The Distribution But Otherwise A Good ... - Seeking Alpha
Tue, 06 Dec 2022 ALLSPRING GLOBAL INVESTMENTS EXPANDS UK ... - PR Newswire
Mon, 21 Nov 2022 MFD: A Fairly Unique Global Infrastructure And Utility Fund - Seeking Alpha
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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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Free Technical Analysis Charts
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Stock Basics & Statistics |
Exchange: AMEX |
Sector: Financial Services |
Industry: Asset Management |
Shares Out. |
0 (M) |
Shares Float |
9 (M) |
% Held by Insiders
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0 (%) |
% Held by Institutions
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0 (%) |
Shares Short
|
15 (K) |
Shares Short P.Month
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0 (K) |
Stock Financials |
EPS
|
2.17 |
EPS Est Next Qtl
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0 |
EPS Est This Year
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0 |
EPS Est Next Year
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0 |
Book Value (p.s.)
|
831.29 |
Profit Margin (%)
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375.5 |
Operating Margin (%)
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80 |
Return on Assets (ttm)
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1.8 |
Return on Equity (ttm)
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17.1 |
Qtrly Rev. Growth
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8.5 |
Gross Profit (p.s.)
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6.53659e+006 |
Sales Per Share
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6.53659e+006 |
EBITDA (p.s.)
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0 |
Qtrly Earnings Growth
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7 |
Operating Cash Flow
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0 (M) |
Levered Free Cash Flow
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5 (M) |
Stock Valuations |
PE Ratio
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4.78 |
PEG Ratio
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0 |
Price to Book value
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0.01 |
Price to Sales
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0 |
Price to Cash Flow
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0.63 |
Stock Dividends |
Dividend
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0 |
Forward Dividend
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38220 |
Dividend Yield
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0% |
Dividend Pay Date
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2019-02-28 |
Ex-Dividend Date
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2021-07-11 |
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