568516 with ticker code (ACV) now have 7 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 38 and 33 with the average target price sitting at $36.93. Now with the previous closing price of $18.95 this indicates there is a potential upside of 94.9%. It’s also worth noting that there is a 50 day moving average of $19.96 and the 200 moving average now moves to $20.43. The market capitalization for the company is $197m. Visit the company website at: 0
The potential market cap would be $384m based on the market consensus.
Virtus Diversified Income & Convertible Fund is a closed-ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in the public equity and fixed income markets. The fund primarily invests in diversified portfolio of convertible securities, income-producing equity securities, and income-producing debt and other instruments of varying maturities. It employs fundamental analysis along with bottom-up stock picking approach. Virtus Diversified Income & Convertible Fund was formed In May 27, 2015 and is domiciled in United States.
The company has a dividend yield of 11.3% with the ex dividend date set at 10-3-2023 (DMY).
