stoxline Quote Chart Rank Option Currency Glossary
Madison Covered Call & Equity Strategy Fund (MCN)
7.18  -0.24 (-3.23%)    12-07 16:00
Open: 7.39
High: 7.39
Volume: 51,707
Pre. Close: 7.42
Low: 7.14
Market Cap: 151(M)
Technical analysis
2023-12-07 4:22:00 PM
Short term     
Mid term     
Targets 6-month :  8.72 1-year :  10.19
Resists First :  7.46 Second :  8.72
Pivot price 7.14
Supports First :  7.06 Second :  6.8
MAs MA(5) :  7.23 MA(20) :  7.1
MA(100) :  7.14 MA(250) :  7.55
MACD MACD :  0 Signal :  0
%K %D K(14,3) :  72.5 D(3) :  77.7
RSI RSI(14): 55.4
52-week High :  8.6 Low :  6.69
Price, MAs and Bollinger Bands

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 NEUTRAL in mid-long term.
[ MCN ] has closed below upper band by 36.1%. Bollinger Bands are 14.4% 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: 7.4 - 7.44 7.44 - 7.48
Low: 7.04 - 7.09 7.09 - 7.13
Close: 7.13 - 7.21 7.21 - 7.27
Company Description

Madison Covered Call & Equity Strategy Fund is a closed-ended equity mutual fund launched by Madison Investment Holdings, Inc. It is managed by Madison Asset Management, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in reasonably priced growth (GARP) stocks of large and mid-cap companies. It also writes covered call options to make its investments. The fund employs fundamental analysis with a bottom-up stock picking approach, focusing on such factors as PEG ratios (price-earnings ratio to growth rate), financial strength, and industry leadership to create its portfolio. It benchmarks the performance of its portfolio against the CBOE S&P 500 Buy/Write Index. The fund conducts in-house research to make its investments. It was formerly known as Madison/Claymore Covered Call & Equity Strategy Fund. Madison Covered Call & Equity Strategy Fund was formed on May 6, 2004 and is domiciled in the United States.

Headline News

Tue, 05 Dec 2023
Madison Covered Call and Equity Strategy Fund (MCN) Declares Quarterly Dividend -

Tue, 05 Dec 2023
Madison Covered Call & Equity Strategy Fund Declares Quarterly Dividend, Payable December 29, 2023 -

Tue, 05 Dec 2023
Madison Covered Call and Equity Strategy Fund (MCN) Declares Quarterly Dividend - Yahoo Finance

Mon, 04 Dec 2023
7 High-Yield Covered Call ETFs Income Investors Will Love - U.S News & World Report Money

Fri, 01 Dec 2023
Medicaid: Non-Emergency Medical Transportation - Wisconsin Department of Health Services

Thu, 30 Nov 2023
Using LEAPS in a Covered Call Write - Investopedia

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.
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Stock Basics & Statistics
Financial Services
Asset Management
Shares Out 21 (M)
Shares Float 0 (M)
Held by Insiders 0 (%)
Held by Institutions 18.8 (%)
Shares Short 54 (K)
Shares Short P.Month 55 (K)
Stock Financials
EPS 1.21
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 7.19
Profit Margin 738.3 %
Operating Margin 55.8 %
Return on Assets (ttm) 0.7 %
Return on Equity (ttm) 17.4 %
Qtrly Rev. Growth 55 %
Gross Profit (p.s.) 0.13
Sales Per Share 0.16
EBITDA (p.s.) 0
Qtrly Earnings Growth 0 %
Operating Cash Flow 0 (M)
Levered Free Cash Flow 0 (M)
Stock Valuations
PE Ratio 5.95
PEG Ratio 0
Price to Book value 1
Price to Sales 43.9
Price to Cash Flow 0
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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