ACP-A Stock Summary and Trading Ideas (abrdn Income Credit Strategies Fund 5.250% Series A Perpetual Preferred Stock | :ACP-A)

abrdn Income Credit Strategies Fund 5.250% Series A Perpetual Preferred Stock trades on the stock market under the symbol ACP-A.

As of May 13, 2024, ACP-A stock price climbed to $25.00 with 574 million shares trading.

ACP-A has a market cap of $0.00. This is considered a Sub-Micro Cap stock.

ACP-A stock has underperformed the market in the last year with a return of +19.5%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ACP-A shares. However, ACP-A has outperformed the market in the last 3 month and 2 week periods, returning +10.0% and +2.7%, while SPY returned +4.3% and +2.5%, respectively. This indicates ACP-A has been having a stronger performance recently.

ACP-A support price is $23.64 and resistance is $25.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ACP-A stock will trade within this expected range on the day.