In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Nuveen Multi-Asset Income Fund (NYSE: NMAI) closed at $12.29 in the last session, down -0.16% from day before closing price of $12.31. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 86739.0 shares were traded. NMAI stock price reached its highest trading level at $12.335 during the session, while it also had its lowest trading level at $12.2635.
Ratios:
We take a closer look at NMAI’s different ratios to gain a better understanding of the stock.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 14 ’25 when Saba Capital Management, L.P. sold 34,099 shares for $11.98 per share. The transaction valued at 408,506 led to the insider holds 3,350,166 shares of the business.
Saba Capital Management, L.P. sold 29,872 shares of NMAI for $361,451 on Jan 15 ’25. The 10% Owner now owns 3,320,294 shares after completing the transaction at $12.10 per share. On Jan 13 ’25, another insider, Saba Capital Management, L.P., who serves as the 10% Owner of the company, sold 25,023 shares for $11.88 each. As a result, the insider received 297,273 and left with 3,384,265 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NMAI now has a Market Capitalization of 411469184. As of this moment, Nuveen’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.59.
Stock Price History:
The Beta on a monthly basis for NMAI is 1.02, which has changed by 0.03190601 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, NMAI has reached a high of $13.50, while it has fallen to a 52-week low of $10.21. The 50-Day Moving Average of the stock is 1.82%, while the 200-Day Moving Average is calculated to be -1.13%.
Shares Statistics:
According to the various share statistics, NMAI traded on average about 98.64K shares per day over the past 3-months and 108320 shares per day over the past 10 days. A total of 33.43M shares are outstanding, with a floating share count of 33.43M. Shares short for NMAI as of 1748563200 were 26072 with a Short Ratio of 0.26, compared to 1745971200 on 18364. Therefore, it implies a Short% of Shares Outstanding of 26072 and a Short% of Float of 0.08.
Dividends & Splits
The forward annual dividend rate for NMAI is 1.38, which was 0.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.0
