stoxline Quote Chart Rank Option Currency Glossary
  
First Trust/Abrdn Global Opportunity Income Fund (FAM)
6.384  0.034 (0.54%)    07-26 15:59
Open: 6.3
High: 6.3931
Volume: 23,502
  
Pre. Close: 6.35
Low: 6.3
Market Cap: 65(M)
Technical analysis
2024-07-26 4:44:04 PM
Short term     
Mid term     
Targets 6-month :  7.59 1-year :  8.86
Resists First :  6.5 Second :  7.59
Pivot price 6.38
Supports First :  6.27 Second :  6.13
MAs MA(5) :  6.37 MA(20) :  6.36
MA(100) :  6.41 MA(250) :  6.16
MACD MACD :  0 Signal :  -0.1
%K %D K(14,3) :  50.4 D(3) :  53.8
RSI RSI(14): 50.8
52-week High :  6.67 Low :  5.38
Price, MAs and Bollinger Bands

Price has closed above 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 NEUTRAL in short-term; and BEARISH in mid-long term.
[ FAM ] has closed below upper band by 47.5%. Bollinger Bands are 42.9% narrower than normal. The narrow width of the bands suggests low volatility as compared to its normal range. The bands have been in this narrow range for 0 bars. This is a sign that the market may be about to initiate a new trend.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 6.4 - 6.43 6.43 - 6.45
Low: 6.23 - 6.26 6.26 - 6.29
Close: 6.33 - 6.38 6.38 - 6.43
Company Description

First Trust/Abrdn Global Opportunity Income Fund is a closed-ended fixed income mutual fund launched and managed by First Trust Advisors L.P. It is co-managed by Aberdeen Asset Management Inc. The fund invests in the fixed income markets across the globe. It primarily invests in investment grade and below-investment grade government and corporate debt securities. The fund benchmarks the performance of its portfolio against the Barclays Capital Global Emerging Markets Index, Barclays Capital Global Aggregate Index and a blended index comprising of 40% of the Citigroup World Government Bond Index, 30% of the JPMorgan Emerging Markets Bond Index – Global Diversified and 30% of the JPMorgan Global Bond Index - Emerging Markets Diversified. It invests in fixed income securities with average credit quality rating of BBB- or higher. First Trust/Abrdn Global Opportunity Income Fund was formed on November 23, 2004 and is domiciled in the United States.

Headline News

Fri, 26 Jul 2024
abrdn Income Credit Strategies Fund Announces Update and Tentative Closing Date for Acquisition of Assets From First Trust/abrdn Global Opportunity Income Fund - AccessWire

Thu, 25 Jul 2024
First Trust Announces Results of Special Meeting of Shareholders Relating to the Reorganization of First Trust/abrdn Global Opportunity Income Fund with and into abrdn Income Credit Strategies Fund - StockTitan

Wed, 24 Jul 2024
First Trust High Yield Opportunities 2027 Term Fund (FTHY) to Issue Monthly Dividend of $0.13 on August 26th - Defense World

Wed, 24 Jul 2024
MSCI (NYSE:MSCI) Price Target Increased to $640.00 by Analysts at Morgan Stanley - Defense World

Wed, 24 Jul 2024
United Parcel Service (NYSE:UPS) PT Lowered to $155.00 - Defense World

Wed, 24 Jul 2024
Allegion (NYSE:ALLE) Issues FY 2024 Earnings Guidance - Defense World

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.
Outperform
Stock Basics & Statistics
Exchange:
NYSE
Sector:
Financial Services
Industry:
Asset Management - Income
Shares Out 10 (M)
Shares Float 0 (M)
Held by Insiders 20.5 (%)
Held by Institutions 54.7 (%)
Shares Short 31 (K)
Shares Short P.Month 54 (K)
Stock Financials
EPS 0.89
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 6.92
Profit Margin 154.1 %
Operating Margin 80 %
Return on Assets (ttm) 3 %
Return on Equity (ttm) 13.2 %
Qtrly Rev. Growth 9.8 %
Gross Profit (p.s.) 0
Sales Per Share 0.58
EBITDA (p.s.) 0
Qtrly Earnings Growth 72.3 %
Operating Cash Flow 14 (M)
Levered Free Cash Flow 1 (M)
Stock Valuations
PE Ratio 7.09
PEG Ratio 0
Price to Book value 0.92
Price to Sales 10.93
Price to Cash Flow 4.67
Stock Dividends
Dividend 0.05
Forward Dividend 0
Dividend Yield 0.9%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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