stoxline Quote Chart Rank Option Currency Glossary
  
First Trust/Abrdn Global Opportunity Income Fund (FAM)
6.51  -0.07 (-1.06%)    09-20 16:00
Open: 6.59
High: 6.59
Volume: 67,604
  
Pre. Close: 6.58
Low: 6.48
Market Cap: 66(M)
Technical analysis
2024-10-07 4:42:04 PM
Short term     
Mid term     
Targets 6-month :  7.87 1-year :  9.19
Resists First :  6.73 Second :  7.87
Pivot price 6.5
Supports First :  6.46 Second :  6.28
MAs MA(5) :  6.57 MA(20) :  6.51
MA(100) :  6.41 MA(250) :  6.23
MACD MACD :  0 Signal :  0
%K %D K(14,3) :  83.3 D(3) :  79.2
RSI RSI(14): 69
52-week High :  6.73 Low :  5.37
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BULLISH in short-term; and BULLISH in mid-long term.
[ FAM ] has closed above the upper band by 24.9%. If price is in a uptrend band; this upward trend in price might continue. However a short term pullback inside the band is likely.Bollinger Bands are 49.8% 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 0 days. This is a sign that the current trend might continue.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 6.74 - 6.78 6.78 - 6.81
Low: 6.66 - 6.69 6.69 - 6.73
Close: 6.68 - 6.74 6.74 - 6.79
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, 04 Oct 2024
abrdn Expands Closed-End Fund Portfolio with First Trust Acquisitions - Scottish Business News

Mon, 23 Sep 2024
abrdn and First Trust Announce Closing of Reorganizations of Certain First Trust Advised Funds with abrdn U.S. Closed-End Funds - AccessWire

Fri, 13 Sep 2024
First Trust Announces Timing of Reorganization of First Trust/abrdn Global Opportunity Income Fund with and into abrdn Income Credit Strategies Fund - StockTitan

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

Wed, 26 Jun 2024
ACP: I Love This 18% Yielding Global Credit Fund, And It's About To Get Even Better - Seeking Alpha

Tue, 20 Feb 2024
First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for March - StockTitan

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).
Underperform
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.
Underperform
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.
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 53.7 (%)
Shares Short 21 (K)
Shares Short P.Month 38 (K)
Stock Financials
EPS 0.38
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 6.5
Profit Margin 67.1 %
Operating Margin 78.5 %
Return on Assets (ttm) 3.3 %
Return on Equity (ttm) 5.7 %
Qtrly Rev. Growth -5 %
Gross Profit (p.s.) 0
Sales Per Share 0.56
EBITDA (p.s.) 0
Qtrly Earnings Growth 0 %
Operating Cash Flow 7 (M)
Levered Free Cash Flow 2 (M)
Stock Valuations
PE Ratio 17.28
PEG Ratio 0
Price to Book value 1.03
Price to Sales 11.84
Price to Cash Flow 9.66
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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