The Technical Analyst
Credit Suisse Asset [CIK]
Exchange: AMEX Sector: Financial Services Industry: Asset Management
Credit Suisse Asset Price, Forecast, Insider, Ratings, Fundamentals & Signals
-0.51% $2.91
America/New_York / 10 mai 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 154.49 mill |
| EPS: | 0.500 |
| P/E: | 5.82 |
| Earnings Date: | Apr 25, 2024 |
| SharesOutstanding: | 53.09 mill |
| Avg Daily Volume: | 0.172 mill |
| RATING 2024-05-10 |
|---|
| B+ |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Strong Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Sell | |
| P/E: | Sell | |
| Price To Book: | Buy |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 2/22 | 3/22 | 4/22 | 1/23 | 2/23 | 4/23 | |
| Revenue | n/a | |||||
| Gr.Profit | n/a | |||||
| Ebit | n/a | |||||
| Asset | n/a | n/a | n/a | n/a | ||
| Debt | n/a | n/a | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE 5.82 | sector: PE -9.95 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0x |
| Company: PE 5.82 | industry: PE -5.64 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-0.936 (-132.17%) $-3.85 |
| Date: 2024-05-12 |
| Expected Trading Range (DAY) |
|---|
|
$ 2.87 - 2.95 ( +/- 1.51%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-01-09 | Defelice Laura A | Buy | 1 315 | common stock |
| 2024-01-08 | Defelice Laura A | Buy | 5 321 | common stock |
| 2023-05-26 | Sinkovich Brandi | Buy | 0 | |
| 2023-06-06 | Saba Capital Management, L.p. | Buy | 0 | Common Stock |
| 2023-01-01 | Kappagoda Samantha | Buy | 0 |
| INSIDER POWER |
|---|
| 100.00 |
| Last 85 transactions |
| Buy: 1 329 958 | Sell: 1 049 816 |
Forecast:
16:00 - $2.91
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $2.91
Forecast 2: 16:00 - $2.91
Forecast 3: 16:00 - $2.91
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $2.91 (-0.51% ) |
| Volume | 0.308 mill |
| Avg. Vol. | 0.172 mill |
| % of Avg. Vol | 178.90 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For CIK
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
CIK
Credit Suisse Asset Management Income Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by Credit Suisse Asset Management, LLC. The fund invests in the fixed income markets of the United States. It primarily invests in high yield corporate debt such as bonds and debentures that are rated Baa or lower by Moody's or BBB or lower by S&P. The fund benchmarks the performance of its portfolio against the BofA Merrill Lynch US High Yield Master II Constrained Index. Credit Suisse Asset Management Income Fund, Inc. was formed on February 11, 1987 and is domiciled in the United States.
Latest Press Releases
2020-09-30 00:00:00 - Press Release
Boothbay Funds New Maritime Credit Strategy With $125 Million
Boothbay fund management llc (“boothbay”) and maritime capital, llc (“maritime”) announced today they are partnering to launch a new relative-value cr
2020-09-28 00:00:00 - Press Release
Ares Management Corporation Names John Knox As Australia & New Zealand Chairman Of Ares Ssg
Ares management corporation (“ares”) (nyse:ares), a leading global alternative investment manager, announced today the appointment of john knox as aus
2020-08-12 00:00:00 - Press Release
Upland Software Announces Pricing Of Public Offering Of Its Common Stock
Upland software, inc. (nasdaq: upld), a leader in cloud-based tools for digital transformation, today announced the pricing of an underwritten public
2020-08-06 00:00:00 - Press Release
Virgin Galactic Announces Pricing Of Public Offering Of Common Stock
Virgin galactic holdings, inc. (nyse: spce) (“virgin galactic”), a vertically integrated aerospace and space travel company, announced today the prici
Latest News
2024-03-16 13:36:14 - Seeking Alpha
CIK: This High Yield CEF Is Now Too Expensive
Credit Suisse Asset Management Income Fund (CIK) has a large allocation to CCC-rated bonds and 27% leverage ratio, making it a risk-on vehicle. CIK is currently trading at a 3.69% premium to net asset value, which is considered overextended versus its historic pattern.
2024-02-18 02:19:47 - Seeking Alpha
CEF Weekly Review: CEF Fees Remain Full Of Pitfalls
We review CEF market valuation and performance through the second week of February and highlight recent market action. CEF price action was mixed, with higher-quality fixed-income sectors and interest-rate sensitive equity sectors seeing lower NAVs due to back-up in Treasury yields. CEF fees are full of pitfalls; however, getting a clear picture of fees can allow investors go generate alpha in CEF allocation.
2023-12-27 08:31:19 - Seeking Alpha
CIK: Shares Of This Junk Bond CEF Are Trading At An Unjustifiable Price
The Credit Suisse Asset Management Income Fund has a yield of 8.71%, lower than some other funds investing in fixed-income securities. The fund's share price has increased by 19.69% since October 9, outperforming major bond indices. The fund's distribution yield is 8.71%, but it failed to fully cover its distributions with net investment income, relying on unrealized gains to make up the difference.
2023-11-20 05:28:07 - Seeking Alpha
CEF Weekly Review: CEF Launch Date Doesn't Matter (For Income)
We review CEF market valuation and performance through the second week of November and highlight recent market action. Most CEF sectors struggled during the week, with only Muni sectors finishing in the green due to a reversal in Treasury yields. There is a misconception that the launch date of a fund gives it a locked-in yield position, but this is not true.
2023-10-23 04:35:13 - Seeking Alpha
CEF Weekly Review: Performance Is The Distribution Anchor For Equity CEFs
We review CEF market valuation and performance through the second week of October and highlight recent market action. CEFs had a good week; however, discount action remains depressed. Equity CEFs have to rely on total NAV performance to anchor their distributions rather than net income.
2023-10-19 22:18:05 - Seeking Alpha
CIK: Moving Back To This High-Yield CEF Outperformer
We discuss our move back to CIK - a mostly high-yield corporate bond CEF - that has been a strong performer in the sector. The fund's net income has been stable over the past two years due to a modest level of leverage and a pocket of floating-rate assets.
2023-10-09 18:14:43 - Seeking Alpha
CIK: This Underfollowed Junk Bond Fund Is Actually Pretty Good
Credit Suisse Asset Management Income Fund, Inc offers a high level of income with a 10.42% yield, but that yield is not impressive compared to other income-focused closed-end funds. The fund has outperformed the Bloomberg U.S. Aggregate Bond Index this year by quite a lot. The fund invests heavily in junk bonds but has a diversified portfolio to mitigate default risk.
2023-07-28 09:39:45 - Seeking Alpha
CIK: Just Vote 'Yes'
Credit Suisse Asset Management Income Fund is a fixed income closed end fund that has been affected by Credit Suisse's merger with UBS. The merger has voided the Investment Advisory Agreement, leading to a proxy vote on a new agreement, which could see UBS Investment Advisers take over. CIK's performance has been driven by its portfolio management team, which we think shareholders would want to remain in place following the merger.
2023-06-28 11:30:33 - Seeking Alpha
CIK And DHY: Why These Corporate Bond CEFs Belong In Most Income Portfolios
We highlight our strategy of allocating to a pair of sister High Yield corporate bond CEFs Credit Suisse Asset Management Income Fund, Inc and Credit Suisse High Yield Bond across our portfolios. Specifically, allocating to this pair of funds and doing an occasional rotation between them can deliver double-barreled performance via two independent sources of alpha. Our lazy-man approach to rotating across these funds has, in effect, more than doubled the yield on offer across these funds.
2023-05-27 06:13:16 - Seeking Alpha
CEF Weekly Review: Term CEFs Continue To Be Misunderstood
We review CEF market valuation and performance through the third week of May and highlight recent market action. CEFs were mostly down on the week as rising Treasury yields were the key headwind.