Cornerstone Strategic Value Fund Inc. (NYSE:CLM) went down by -0.66% from its latest closing price compared to the recent 1-year high of $14.75. The company’s stock price has collected -10.19% of loss 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 4.86 x from its present earnings ratio.
CLM currently public float of 204.52M and currently shorts hold a 3.71% ratio of that float. Today, the average trading volume of CLM was 2.04M shares.
CLM’s Market Performance
CLM stocks went down by -10.19% for the week, with a monthly drop of -12.10% and a quarterly performance of 7.71%, while its annual performance rate touched -28.67%. The volatility ratio for the week stands at 3.15% while the volatility levels for the past 30 days are set at 2.51% for Cornerstone Strategic Value Fund Inc. The simple moving average for the period of the last 20 days is -9.62% for CLM stocks with a simple moving average of -23.73% for the last 200 days.
CLM Trading at -8.50% 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 -38.44% of loss for the given period.
Volatility was left at 2.51%, however, over the last 30 days, the volatility rate increased by 3.15%, as shares sank -9.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.41% lower at present.
During the last 5 trading sessions, CLM fell by -10.19%, which changed the moving average for the period of 200-days by -35.37% in comparison to the 20-day moving average, which settled at $10.00. In addition, Cornerstone Strategic Value Fund Inc. saw -36.46% in overturn over a single year, with a tendency to cut further losses.