RiverNorth Flexible Municipal Income Fund II Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $13.44
- Today's High:
- $13.65
- Open Price:
- $13.65
- 52W Low:
- $11.7982
- 52W High:
- $14.3935
- Prev. Close:
- $13.68
- Volume:
- 60352
Company Statistics
- Market Cap.:
- $335.57 million
- Book Value:
- Revenue TTM:
- $0
- Operating Margin TTM:
- 0%
- Gross Profit TTM:
- $0
- Profit Margin:
- 0%
- Return on Assets TTM:
- 0%
- Return on Equity TTM:
- 0%
Company Profile
RiverNorth Flexible Municipal Income Fund II Inc had its IPO on 2021-02-24 under the ticker symbol RFMZ.
The company operates in the sector and industry. RiverNorth Flexible Municipal Income Fund II Inc has a staff strength of 0 employees.
Stock update
Shares of RiverNorth Flexible Municipal Income Fund II Inc opened at $13.65 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $13.44 - $13.65, and closed at $13.47.
This is a -1.54% slip from the previous day's closing price.
A total volume of 60,352 shares were traded at the close of the day’s session.
In the last one week, shares of RiverNorth Flexible Municipal Income Fund II Inc have slipped by -2.25%.
RiverNorth Flexible Municipal Income Fund II Inc's Key Ratios
RiverNorth Flexible Municipal Income Fund II Inc has a market cap of $335.57 million, indicating a price to book ratio of 0.8648 and a price to sales ratio of 0.
In the last 12-months RiverNorth Flexible Municipal Income Fund II Inc’s revenue was $0 with a gross profit of $0 and an EBITDA of $0. The EBITDA ratio measures RiverNorth Flexible Municipal Income Fund II Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, RiverNorth Flexible Municipal Income Fund II Inc’s operating margin was 0% while its return on assets stood at 0% with a return of equity of 0%.
In Q2, RiverNorth Flexible Municipal Income Fund II Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.
RiverNorth Flexible Municipal Income Fund II Inc’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 0
- PEG
Its diluted EPS in the last 12-months stands at $-3.66 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into RiverNorth Flexible Municipal Income Fund II Inc’s profitability.
RiverNorth Flexible Municipal Income Fund II Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.
RiverNorth Flexible Municipal Income Fund II Inc stock pays annual dividends of $0 per share, indicating a yield of 7.53% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- $619.87 million
- Total Liabilities
- $0
- Operating Cash Flow
- $0
- Capital Expenditure
- $0
- Dividend Payout Ratio
- 0%
RiverNorth Flexible Municipal Income Fund II Inc ended 2024 with $619.87 million in total assets and $0 in total liabilities. Its intangible assets were valued at $619.87 million while shareholder equity stood at $373.53 million.
RiverNorth Flexible Municipal Income Fund II Inc ended 2024 with $0 in deferred long-term liabilities, $0 in other current liabilities, in common stock, $-75929512.00 in retained earnings and $0 in goodwill. Its cash balance stood at $0 and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $0.
RiverNorth Flexible Municipal Income Fund II Inc’s total current assets stands at $0 while long-term investments were $607.13 million and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $2.83 million and inventory worth $0.
In 2024, RiverNorth Flexible Municipal Income Fund II Inc's operating cash flow was $0 while its capital expenditure stood at $0.
Comparatively, RiverNorth Flexible Municipal Income Fund II Inc paid $0 in dividends in 2024.
Other key metrics
- Current Trading Price
- $13.47
- 52-Week High
- $14.3935
- 52-Week Low
- $11.7982
- Analyst Target Price
- $
RiverNorth Flexible Municipal Income Fund II Inc stock is currently trading at $13.47 per share. It touched a 52-week high of $14.3935 and a 52-week low of $14.3935. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $13.88 and 200-day moving average was $13.42 The short ratio stood at 0.43 indicating a short percent outstanding of 0%.
Around 16.4% of the company’s stock are held by insiders while 1652.4% are held by institutions.