CII Stock Summary and Trading Ideas (Blackrock Capital And Income | NYSE:CII)

BlackRock Enhanced Capital and Income Fund, Inc.’s (CII) (the “Trust”) investment objective is to provide investors with a combination of current income and capital appreciation. The Trust seeks to achieve its investment objective by investing in a portfolio of equity and debt securities of U.S. and foreign issuers. The Trust may invest directly in such securities or synthetically through the use of derivatives. The Trust seeks to pursue this goal primarily by investing in a portfolio of equity securities and utilizing an option over-writing strategy in an effort to seek total return performance and enhance distributions.

Blackrock Capital And Income trades on the NYSE stock market under the symbol CII.

As of April 18, 2024, CII stock price declined to $18.49 with 74,880 million shares trading.

CII has a beta of 1.04, meaning it tends to be more sensitive to market movements. CII has a correlation of 0.55 to the broad based SPY ETF.

CII has a market cap of $816.28 million. This is considered a Small Cap stock.

In the last 3 years, CII stock traded as high as $22.30 and as low as $16.20.

CII has underperformed the market in the last year with a price return of +10.4% while the SPY ETF gained +22.3%. CII has also underperformed the stock market ETF in the last 3 month and 2 week periods returning 0.0% and -4.0%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

CII support price is $18.35 and resistance is $18.67 (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 CII stock will trade within this expected range on the day.