I recommend waiting for a better discount before investing in Cornerstone Strategic Value Fund Inc. (CLM).

After finishing at $7.38 in the prior trading day, Cornerstone Strategic Value Fund Inc. (NYSE: CLM) closed at $7.27, down -1.49%. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 2454148 shares were traded. CLM stock price reached its highest trading level at $7.38 during the session, while it also had its lowest trading level at $7.18.

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".

Sponsored

Ratios:

Our goal is to gain a better understanding of CLM by taking a closer look at its different ratios.

Upgrades & Downgrades

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 84.38 while its Price-to-Book (P/B) ratio in mrq is 1.12.

Stock Price History:

Over the past 52 weeks, CLM has reached a high of $14.50, while it has fallen to a 52-week low of $7.20. The 50-Day Moving Average of the stock is 7.98, while the 200-Day Moving Average is calculated to be 8.75.

Shares Statistics:

The stock has traded on average 1.60M shares per day over the past 3-months and 1.9M shares per day over the last 10 days, according to various share statistics. A total of 217.45M shares are outstanding, with a floating share count of 217.39M. Shares short for CLM as of Jan 30, 2023 were 10.43M with a Short Ratio of 10.82M, compared to 10.44M on Dec 29, 2022.

Dividends & Splits

In the trailing 12 months, CLM’s forward annual dividend rate was 2.22, compared to 1.47 this year. Against a Trailing Annual Dividend Yield of 30.14%, it implies a Forward Annual Dividend Yield of 17.54%. The stock’s 5-year Average Dividend Yield is 20.58.

Earnings Estimates

Its stock is currently analyzed by 0 different market analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.