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Saturday, June 3, 2023

What Are The Chances Of Nuveen Municipal High Income Opportunity Fund (NYSE: NMZ) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that Nuveen Closed-End Funds Announce Updates to Certain Portfolio Management Teams.

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Stocks Info

As a NYSE listed company, NMZ falls under the Financial sector while operating within the Asset Management industry segment. At the end of the last regular session, the stock closed at $10.41 and fluctuated between $10.51 as its day high and $10.40 as its day low. The current market capitalization of Nuveen Municipal High Income Opportunity Fund is $1.10B. A total of 0.58 million shares were traded on the day, compared to an average of 301.58K shares.

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, NMZ has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 3 BUYs and 0 SELLs from insiders. Insiders purchased 3,870 shares during that period but sold 0.

In the most recent transaction, TOTH TERENCE J bought 2,370 shares of NMZ for 10.97 per share on Nov 28. After the transaction, the Trustee now owns 4,208 company shares. In a previous transaction on May 26, MOSCHNER ALBIN F bought 1,500 shares at 12.33 per share. NMZ shares that Trustee owns now total 1,500.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. NMZ’s most recent ex-dividend date was 5/12/2023 when it declared a $0.0450 quarterly dividend that was paid in cash on 6/1/2023. Previously, the company paid the dividend on 5/1/2023 with an ex-dividend date of 4/13/2023. The NMZ stock dividend was $0.0450 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, NMZ has a high of $12.77 and a low of $9.70.

As of this writing, NMZ has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $9.97, while its Total Shareholder’s Equity was $1.40B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock.

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