Neuberger Berman MLP and Energy Income Fund Inc. (NYSE:NML) traded at $3.22 at last check on Friday, Nov 20, making a downturn move of -0.62% on its previous day’s price.
Looking at the stock we see that its previous close was $3.24 and the beta (5Y monthly) reads 0 with the day’s price range being $3.1800 – 3.2700. The company has a 12-month trailing PE ratio of 0. In terms of its 52-week price range, NML has a high of $7.25 and a low of $1.08. The company’s stock has gained about 23.37% over that past 30 days.
On the other hand, looking at the outlook for the NML stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 50% Buy.
Coming back to Neuberger Berman MLP and Energy Income Fund Inc. (NYSE:NML), we note that the average 3-month trading volume was 290.72 Million, while that of the preceding 10-day period stands at 391.19 Million. Current shares outstanding are 56.66 Million.
According to data from Thomson Reuters, insiders hold 0.01% of the company’s shares while institutions hold 48.69%. The data shows that short shares as of October 29, 2020, stood at 23.77 Million at a short ratio of 0.07. This represents a 0.04% Short interest in Shares outstanding on October 29, 2020. Shares short rose in October from the previous month at 7.13 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -52.37% down in year-to-date price movement.