568516 with ticker code (ACV) have now 7 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 38 and 33 suggesting an average Analsyt target price of $36.93. Given that the stocks previous close was at $19.09 this now indicates there is a potential upside of 93.5%. It’s also worth noting that there is a 50 day moving average of $21.17 and the 200 day MA is $20.57. The company has a market capitalization of $198m. You can visit the company’s website by visiting: 0
The potential market cap would be $383m 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 securitiesome-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 11.55% with the ex dividend date set at 10-3-2023 (DMY).