The Technical Analyst
RiverNorth Managed [RMM]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
RiverNorth Managed Price, Forecast, Insider, Ratings, Fundamentals & Signals
0.61% 14.85
America/New_York / 9 mai 2024 @ 10:08
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 293.13 mill |
| EPS: | 0.960 |
| P/E: | 15.47 |
| Earnings Date: | N/A |
| SharesOutstanding: | 19.74 mill |
| Avg Daily Volume: | 0.0543 mill |
| RATING 2024-05-08 |
|---|
| C- |
| Strong Sell |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Strong Sell | |
| Return On Asset: | Strong Sell | |
| DE: | Neutral | |
| P/E: | Strong Sell | |
| Price To Book: | Strong Sell |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 4/20 | 2/21 | 4/21 | 2/22 | 4/22 | 2/23 | |
| Revenue | n/a | n/a | n/a | n/a | n/a | n/a |
| Gr.Profit | n/a | n/a | n/a | n/a | n/a | n/a |
| Ebit | n/a | n/a | n/a | n/a | n/a | n/a |
| Asset | n/a | |||||
| Debt | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 1.56x |
| Company: PE 15.47 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.77x |
| Company: PE 15.47 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
-10.49 (-170.61%) -25.34 |
| Date: 2024-05-09 |
| Expected Trading Range (DAY) |
|---|
|
14.70 - 15.00 ( +/- 1.04%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2023-04-28 | Mougin Lisa Bruckert | Buy | 1 888 | Common Shares of Beneficial Interest |
| 2022-11-08 | Mougin Lisa Bruckert | Sell | 0 | No securities beneficially owned |
| 2022-11-04 | Galley Patrick W. | Sell | 2 000 | Common Stock |
| 2022-10-31 | Galley Patrick W. | Sell | 2 900 | Common Stock |
| 2022-10-31 | Galley Patrick W. | Sell | 100 | Common Stock |
| INSIDER POWER |
|---|
| -17.55 |
| Last 86 transactions |
| Buy: 127 888 | Sell: 107 124 |
Live Trading Signals (every 1 min)
Forecast
1: 10:17 - 14.84
Forecast 2: 11:07 - 14.76
Forecast 3: 11:47 - 14.72
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 | 14.85 (0.61% ) |
| Volume | 0.0043 mill |
| Avg. Vol. | 0.0543 mill |
| % of Avg. Vol | 7.85 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For RMM
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 | % |
|---|
RMM
Rivernorth Managed Duration Municipal Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by MacKay Shields LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal debt securities. It seeks to invest in securities of any maturity. The fund employs a combination of fundamental and quantitative analysis. It benchmarks the performance of its portfolio against the Bloomberg Barclays Municipal Bond Index. The fund employs proprietary research to create its portfolio. Rivernorth Managed Duration Municipal Income Fund Inc. was formed on July 26, 2019 and is domiciled in the United States.
Latest Press Releases
2024-04-01 17:00:00 - Press Release
Rivernorth Closed-end Funds Declare Monthly Distributions
West palm beach, fla.--(business wire)--in accordance with the rivernorth closed-end funds (the “funds”) level distribution policies, the funds have declared distributions for april, may and june 2024, as detailed below. ex date record date payable date april 12, 2024 april 15, 2024 april 30, 2024 may 14, 2024 may 15, 2024 may 31, 2024 june 14, 2024 june 14, 2024 june 28, 2024 tax-exempt distributions1 fund name ticker distribution per share net asset value (nav) as of 3/28/2024 annualized curr.
2024-01-02 17:00:00 - Press Release
Rivernorth Closed-end Funds Declare Monthly Distributions
West palm beach, fla.--(business wire)--in accordance with the rivernorth closed-end funds (the “funds”) level distribution policies, the distribution rates have been reset for the calendar year 2024, as detailed below. further, the funds have declared distributions for january, february, and march 2024. ex date record date payable date january 12, 2024 january 16, 2024 january 31, 2024 february 14, 2024 february 15, 2024 february 29, 2024 march 14, 2024 march 15, 2024 march 28, 2024 tax-exempt.
2023-10-02 17:00:00 - Press Release
Rivernorth Closed-end Funds Declare Monthly Distributions
West palm beach, fla.--(business wire)--the rivernorth closed-end funds (the “funds”) have declared monthly distributions for october, november and december 2023 in accordance with each fund's level distribution policy. details below.
2023-07-03 16:30:00 - Press Release
Rivernorth Closed-end Funds Declare Monthly Distributions
West palm beach, fla.--(business wire)--the rivernorth closed-end funds (the “funds”) have declared monthly distributions for july, august and september 2023 in accordance with each fund's level distribution policy. details below. ex date record date payable date july 13, 2023 july 14, 2023 july 31, 2023 august 14, 2023 august 15, 2023 august 31, 2023 september 14, 2023 september 15, 2023 september 29, 2023 tax-exempt distributions1 fund name ticker distribution per share change from prior dist.
Latest News
2024-05-05 13:20:59 - 24/7 Wall Street
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2023-11-08 17:41:16 - Seeking Alpha
RMM: An Expensive Way To Access The Municipal Bond Sector
RMM has seen a negative total return since my prior review years ago. Going forward, I'm reluctant to place a buy rating on it. The use of return of capital is extensive, suggesting a distribution cut will occur in 2024. Munis as a whole have merit given the historically high income streams (relative to their trading history). But RMM is not the best way to play it.
2023-09-19 05:20:05 - Seeking Alpha
RMM And RFMZ: A Swap Makes Sense
RiverNorth Capital Management offers several closed-end funds with municipal bond exposure, presenting an opportunity for swap trades. RMM is trading at a narrow discount on an absolute and relative basis, while RFMZ presents a relatively more attractive valuation with significantly similar exposure. Both funds have high expense ratios, leverage risks, and unpredictable tax-exempt income, making them less attractive for muni investors, but could still be exploited by those who are holding anyway.
2023-01-09 15:44:59 - Seeking Alpha
RMM: Municipal Bond Fund With A Hybrid Approach
We recently touched on RFM, and today, we are looking at RMM, its slightly older sister fund. RMM and RFM share many similarities, which means they face the same negatives in the future.