Invesco Trust For Inv Grade Munis

Company Profile

Invesco Trust For Inv Grade Munis had its IPO on 1992-02-19 under the ticker symbol VGM.

The company operates in the Financial Services sector and Asset Management industry. Invesco Trust For Inv Grade Munis has a staff strength of 0 employees.

Stock update

Shares of Invesco Trust For Inv Grade Munis opened at $9.13 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $9.11 - $9.14, and closed at $9.12.

This is a -0.22% slip from the previous day's closing price.

A total volume of 149,840 shares were traded at the close of the day’s session.

In the last one week, shares of Invesco Trust For Inv Grade Munis have slipped by -1.83%.

Invesco Trust For Inv Grade Munis's Key Ratios

Invesco Trust For Inv Grade Munis has a market cap of $495.68 million, indicating a price to book ratio of 0.8731 and a price to sales ratio of 12.0651.

In the last 12-months Invesco Trust For Inv Grade Munis’s revenue was $44.38 million with a gross profit of $44.16 million and an EBITDA of $0. The EBITDA ratio measures Invesco Trust For Inv Grade Munis's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Invesco Trust For Inv Grade Munis’s operating margin was 86.32% while its return on assets stood at 2.19% with a return of equity of -14.19%.

In Q2.3333333333333, Invesco Trust For Inv Grade Munis’s quarterly earnings growth was a negative -30.9% while revenue growth was a positive 2.3%.

Invesco Trust For Inv Grade Munis’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-1.71 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. 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 Invesco Trust For Inv Grade Munis’s profitability.

Invesco Trust For Inv Grade Munis 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 12.0651.

Invesco Trust For Inv Grade Munis stock pays annual dividends of $0.549 per share, indicating a yield of 4.48% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$990.29 million

Total Liabilities

$15.91 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Invesco Trust For Inv Grade Munis ended 2024 with $990.29 million in total assets and $0 in total liabilities. Its intangible assets were valued at $990.29 million while shareholder equity stood at $593.26 million.

Invesco Trust For Inv Grade Munis ended 2024 with $0 in deferred long-term liabilities, $15.91 million in other current liabilities, 701383860.00 in common stock, $-108127869.00 in retained earnings and $0 in goodwill. Its cash balance stood at $32.48 million and cash and short-term investments were $32.48 million. The company’s total short-term debt was $0 while long-term debt stood at $0.

Invesco Trust For Inv Grade Munis’s total current assets stands at $49.83 million while long-term investments were $940.45 million and short-term investments were $0. Its net receivables were $17.35 million compared to accounts payable of $15.91 million and inventory worth $0.

In 2024, Invesco Trust For Inv Grade Munis's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Invesco Trust For Inv Grade Munis paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$9.12

52-Week High

$10.2754

52-Week Low

$8.6558

Analyst Target Price

$

Invesco Trust For Inv Grade Munis stock is currently trading at $9.12 per share. It touched a 52-week high of $10.2754 and a 52-week low of $10.2754. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $9.48 and 200-day moving average was $9.62 The short ratio stood at 0.09 indicating a short percent outstanding of 0%.

Around 0.4% of the company’s stock are held by insiders while 3184.4% are held by institutions.