stoxline Quote Chart Rank Option Currency Glossary
  
BlackRock Floating Rate Income Strategies Fund, Inc. (FRA)
13.59  0.05 (0.37%)    07-26 16:00
Open: 13.56
High: 13.69
Volume: 152,229
  
Pre. Close: 13.54
Low: 13.54
Market Cap: 479(M)
Technical analysis
2024-07-26 4:44:19 PM
Short term     
Mid term     
Targets 6-month :  15.98 1-year :  18.67
Resists First :  13.68 Second :  15.98
Pivot price 13.37
Supports First :  13.2 Second :  12.9
MAs MA(5) :  13.5 MA(20) :  13.31
MA(100) :  13.09 MA(250) :  12.66
MACD MACD :  0.1 Signal :  0
%K %D K(14,3) :  80 D(3) :  78.2
RSI RSI(14): 66.1
52-week High :  13.68 Low :  11.44
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.
[ FRA ] has closed below upper band by 11.3%. Bollinger Bands are 36.9% 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: 13.71 - 13.78 13.78 - 13.84
Low: 13.38 - 13.45 13.45 - 13.52
Close: 13.46 - 13.59 13.59 - 13.7
Company Description

BlackRock Floating Rate Income Strategies Fund, Inc. is a close ended fixed income mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the fixed income markets of the United States. The fund invests in bonds of companies operating across diversified sectors. It primarily invests in floating rate debt securities and instruments consisting of secured or unsecured senior floating rate loans that are rated below investment grade. BlackRock Floating Rate Income Strategies Fund, Inc. was formed on October 31, 2003 and is domiciled in the United States.

Headline News

Fri, 26 Jul 2024
FRA: Latest GDP Report Casts Doubt On Rate Cut Narrative (NYSE:FRA) - Seeking Alpha

Sun, 14 Jul 2024
BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE:FRA) to Issue $0.12 Monthly Dividend - Defense World

Sat, 13 Jul 2024
Standard Chartered (LON:STAB) Stock Price Crosses Above 200-Day Moving Average of $112.76 - Defense World

Mon, 01 Jul 2024
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds - Business Wire

Sat, 04 May 2024
Want $1,200 per Month in Passive Income? Invest in These Stocks - 24/7 Wall St.

Wed, 20 Dec 2023
FRA: A Good Way To Hedge Your 2024 Interest Rate Risk (NYSE:FRA) - Seeking Alpha

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 35 (M)
Shares Float 0 (M)
Held by Insiders 0 (%)
Held by Institutions 26.2 (%)
Shares Short 105 (K)
Shares Short P.Month 96 (K)
Stock Financials
EPS 1.76
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 13.26
Profit Margin 110.2 %
Operating Margin 91.6 %
Return on Assets (ttm) 5.3 %
Return on Equity (ttm) 13.6 %
Qtrly Rev. Growth 24.7 %
Gross Profit (p.s.) 0
Sales Per Share 1.61
EBITDA (p.s.) 0
Qtrly Earnings Growth 6.5 %
Operating Cash Flow 46 (M)
Levered Free Cash Flow 34 (M)
Stock Valuations
PE Ratio 7.67
PEG Ratio 0
Price to Book value 1.02
Price to Sales 8.42
Price to Cash Flow 10.44
Stock Dividends
Dividend 0.11
Forward Dividend 0
Dividend Yield 0.8%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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