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.
In the latest session, RiverNorth Flexible Municipal Income Fund II Inc (NYSE: RFMZ) closed at $12.59 down -0.24% from its previous closing price of $12.62. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 73288.0 shares were traded. RFMZ stock price reached its highest trading level at $12.62 during the session, while it also had its lowest trading level at $12.5549.
Ratios:
For a deeper understanding of RiverNorth Flexible Municipal Income Fund II Inc’s stock, let’s take a closer look at its various ratios.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 10 ’25 when Browne Jonathan Paul bought 725 shares for $13.94 per share. The transaction valued at 10,106 led to the insider holds 725 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RFMZ now has a Market Capitalization of 307319392. As of this moment, RiverNorth’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.39.
Stock Price History:
The Beta on a monthly basis for RFMZ is 0.74, which has changed by -0.115249455 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, RFMZ has reached a high of $14.78, while it has fallen to a 52-week low of $11.76. The 50-Day Moving Average of the stock is -0.71%, while the 200-Day Moving Average is calculated to be -7.97%.
Shares Statistics:
For the past three months, RFMZ has traded an average of 76.15K shares per day and 76130 over the past ten days. A total of 24.35M shares are outstanding, with a floating share count of 21.97M. Insiders hold about 9.78% of the company’s shares, while institutions hold 25.03% stake in the company. Shares short for RFMZ as of 1748563200 were 5832 with a Short Ratio of 0.05, compared to 1745971200 on 7331.
Dividends & Splits
According to the company, the forward annual dividend rate for RFMZ is 0.95, from 0.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0