BRW Stock Summary and Trading Ideas (Saba Cap & Opps | NYSE:BRW)

Saba Capital Income & Opportunities Fund t is a diversified, closed-end management investment company. It seeks to provide investors with a high level of current income, with a secondary goal of capital appreciation. It invests globally in debt and equity securities of public and private companies, which includes, investing in closed-end funds, public and private debt instruments, and other securities.

Saba Cap & Opps trades on the NYSE stock market under the symbol BRW.

As of December 13, 2024, BRW stock price climbed to $7.82 with 184,507 million shares trading.

BRW has a beta of -0.09, meaning it tends to be less sensitive to market movements. BRW has a correlation of 0.01 to the broad based SPY ETF.

BRW has a market cap of $332.58 million. This is considered a Small Cap stock.

In the last 3 years, BRW traded as high as $9.35 and as low as $6.86.

BRW has underperformed the market in the last year with a return of +15.0%, while SPY returned +29.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in BRW shares. However, BRW has outperformed the market in the last 3 month and 2 week periods, returning +9.7% and +0.8%, while SPY returned +7.8% and +0.3%, respectively. This indicates BRW has been having a stronger performance recently.

BRW support price is $7.75 and resistance is $7.85 (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 BRW shares will trade within this expected range on the day.