Cornerstone Strategic Value Fund Inc. (NYSE:CLM) went down by -0.34% from its latest closing price compared to the recent 1-year high of $13.81. The company’s stock price has collected 0.96% of gains in the last five trading sessions.
Is It Worth Investing in Cornerstone Strategic Value Fund Inc. (NYSE :CLM) Right Now?
Cornerstone Strategic Value Fund Inc. (NYSE:CLM) scored a price-to-earnings ratio above its average ratio, recording 8.70 x from its present earnings ratio.
Today, the average trading volume of CLM was 1.42M shares.
CLM’s Market Performance
CLM stocks went up by 0.96% for the week, with a monthly drop of -6.67% and a quarterly performance of -13.74%, while its annual performance rate touched 6.32%. The volatility ratio for the week stands at 1.11% while the volatility levels for the past 30 days are set at 2.14% for Cornerstone Strategic Value Fund Inc.. The simple moving average for the period of the last 20 days is 1.56% for CLM stocks with a simple moving average of -2.48% for the last 200 days.
CLM Trading at -4.29% from the 50-Day Moving Average
After a stumble in the market that brought CLM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.93% of loss for the given period.
Volatility was left at 2.14%, however, over the last 30 days, the volatility rate increased by 1.11%, as shares sank -6.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.23% lower at present.
During the last 5 trading sessions, CLM rose by +0.96%, which changed the moving average for the period of 200-days by +6.71% in comparison to the 20-day moving average, which settled at $11.39. In addition, Cornerstone Strategic Value Fund Inc. saw -1.01% in overturn over a single year, with a tendency to cut further losses.