56 institutions hold shares in Credit Suisse Asset Management Income Fund Inc. (CIK), with institutional investors hold 24.24% of the company’s shares. Institutions hold 24.24% of the Float.
The top institutional shareholder in the company is SIT Investment Associates Inc with over 2.03 million shares valued at $6.39 million. The investor’s holdings represent 3.88% of the CIK Shares outstanding. As of Dec 30, 2020, the second largest holder is LPL Financial LLC with 1.2 million shares valued at $3.78 million to account for 2.29% of the shares outstanding. The other top investors are Invesco Ltd. which holds 0.69 million shares representing 1.32% and valued at over $2.18 million, while Bank of America Corporation holds 1.02% of the shares totaling 0.53 million with a market value of $1.68 million.
Credit Suisse Asset Management Income Fund Inc. (NYSE: CIK) is 9.21% higher on its value in year-to-date trading and has touched a low of $2.42 and a high of $3.47 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CIK stock was last observed hovering at around $3.42 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $3.44, the stock is 1.27% and 2.58% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.74 million and changing 0.58% at the moment leaves the stock 10.86% off its SMA200. CIK registered 41.56% gain for a year compared to 6-month gain of 15.05%. The firm has a 50-day simple moving average (SMA 50) of $3.3718 and a 200-day simple moving average (SMA200) of $3.2157.
The stock witnessed a 2.38% loss in the last 1 month and extending the period to 3 months gives it a 7.84%, and is -0.29% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.29% over the week and 1.35% over the month.
Current P/E ratio is 16.78. Distance from 52-week low is 42.15% and -0.86% from its 52-week high.
Credit Suisse Asset Management Income Fund Inc. (CIK) Analyst Forecasts