BlackRock Floating Rate Income Strategies Fund, Inc. (FRA) |
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12.5062 0.016 (0.13%)
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09-27 10:08 |
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Open: |
12.54 |
Pre. Close: |
12.49 |
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High:
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12.545 |
Low:
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12.5062 |
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Volume:
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16,470 |
Market Cap:
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441(M) |
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Technical analysis |
as of: 2023-09-27 9:46:28 AM |
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Short-term rate:
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| Stoxline posted a SELL today, upgraded from strong sell. Downward movement continues, but could change at any time. |
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Mid-term rate:
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| Target: |
Six months: 14.71 One year: 14.96 |
| Support: |
Support1: 12.25 Support2: 10.19 |
| Resistance: |
Resistance1: 12.59 Resistance2: 12.81 |
| Pivot: |
12.57 |
| Moving Average: |
MA(5): 12.55 MA(20): 12.57
MA(100): 12.17 MA(250): 11.84 |
| MACD: |
MACD(12,26): 0 Signal(9): 0 |
| Stochastic oscillator: |
%K(14,3): 36.5 %D(3): 42.5 |
| RSI: |
RSI(14): 50.3 |
| 52-week: |
High: 12.81 Low: 10.92 |
| Average Vol(K): |
3-Month: 126 (K) 10-Days: 178 (K) |
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Price, moving averages and Bollinger Bands |
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Price has closed below 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 NEUTRAL in short-term; and BULLISH in mid-long term.[ FRA ] has closed above bottom band by 34.5%. Bollinger Bands are 30.3% 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 |
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If tomorrow:
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Open lower
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Open higher
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High:
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12.63 - 12.71 |
12.71 - 12.78 |
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Low:
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12.25 - 12.33 |
12.33 - 12.41 |
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Close:
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12.34 - 12.48 |
12.48 - 12.63 |
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Company Description |
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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, 01 Sep 2023
FRA Dividend Announcement $0.1170/Share 9/1/2023 - Dividend Investor
Wed, 16 Aug 2023
FRA: A Good 11%-Yielding CEF To Buy For Income Today - Seeking Alpha
Wed, 12 Jul 2023
BlackRock Closed-End Fund Share Repurchase Program Update - Business Wire
Mon, 10 Jul 2023
Senior Loans Vs. High-Yield Corporates, Which Is Best For Income ... - Seeking Alpha
Tue, 04 Apr 2023
Letter to Shareholders from Jamie Dimon, Annual Report 2022 - JPMorgan Chase
Fri, 31 Mar 2023
Not All Low-Rated Bonds Are Created Equal. What to Buy, What to Avoid. - Barron's
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Financial Analysis |
| Price to Book Value: |
Outperform |
| 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: |
Underperform |
| PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS). |
| Discounted cash flow: |
Outperform |
| 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: |
Outperform |
| evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn. |
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Stock Basics & Statistics |
| Exchange: NYSE |
| Sector: Financial Services |
| Industry: Asset Management |
| Shares Out. |
35 (M) |
| Shares Float |
0 (M) |
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% Held by Insiders
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0 (%) |
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% Held by Institutions
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34.2 (%) |
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Shares Short
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273 (K) |
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Shares Short P.Month
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140 (K) |
Stock Financials |
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EPS
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1.73 |
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EPS Est Next Qtl
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0 |
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EPS Est This Year
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0 |
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EPS Est Next Year
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0 |
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Book Value (p.s.)
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13.14 |
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Profit Margin (%)
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119.3 |
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Operating Margin (%)
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90.4 |
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Return on Assets (ttm)
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4.5 |
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Return on Equity (ttm)
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13.5 |
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Qtrly Rev. Growth
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71.8 |
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Gross Profit (p.s.)
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1.12 |
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Sales Per Share
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1.44 |
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EBITDA (p.s.)
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0 |
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Qtrly Earnings Growth
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0 |
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Operating Cash Flow
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101 (M) |
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Levered Free Cash Flow
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24 (M) |
Stock Valuations |
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PE Ratio
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7.24 |
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PEG Ratio
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0 |
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Price to Book value
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0.95 |
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Price to Sales
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8.65 |
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Price to Cash Flow
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4.35 |
Stock Dividends |
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Dividend
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0.11 |
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Forward Dividend
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0 |
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Dividend Yield
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0.9% |
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Dividend Pay Date
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Invalid DateTime. |
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Ex-Dividend Date
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Invalid DateTime. |
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