EOD Stock Summary and Trading Ideas (Allspring Global Dividend Opportunity Common Shares Of Beneficial Interest | NYSE:EOD)

The fund's primary investment objective is to seek a high level of current income. The fund's secondary objective is long-term growth of capital. Invests in global equities with an emphasis on companies with attractive dividend policies and/or those with the potential to grow their dividends over time. Focuses on companies in the utilities, telecom and energy sectors. Employs dividend capture and options overlay to increase distributable income.

Allspring Global Dividend Opportunity Common Shares Of Beneficial Interest trades on the NYSE stock market under the symbol EOD.

As of April 19, 2024, EOD stock price climbed to $4.47 with 11,403 million shares trading.

EOD has a beta of 1.21, meaning it tends to be more sensitive to market movements. EOD has a correlation of 0.74 to the broad based SPY ETF.

EOD has a market cap of $193.30 million. This is considered a Micro Cap stock.

In the last 3 years, EOD stock traded as high as $6.08 and as low as $3.73.

EOD has underperformed the market in the last year with a price return of +9.8% while the SPY ETF gained +22.0%. However, in the short term, EOD had mixed performance relative to the market. It has outperformed in the last 3 months, returning +6.2% vs +4.9% return in SPY. But in the last 2 weeks, EOD shares have been beat by the market, returning -3.7% compared to an SPY return of -2.8%.

EOD support price is $4.39 and resistance is $4.51 (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 EOD stock will trade within this expected range on the day.