EOT Stock Summary and Trading Ideas (Ev National Muni Opportunities Trust Co | NYSE:EOT)

Primary investment objective is to provide current income exempt from federal income tax. Secondary investment objective is capital appreciation. The potential for attractive tax-exempt income each month. A portfolio that seeks to maintain an average portfolio credit quality of investment grade. An active approach to the management of municipal investments, using the research and trading capabilities of Eaton Vance’s experienced municipal team to seek to identify and exploit opportunities to enhance portfolio income and return through relative value trading.

Ev National Muni Opportunities Trust Co trades on the NYSE stock market under the symbol EOT.

As of April 18, 2024, EOT stock price declined to $16.31 with 9,823 million shares trading.

EOT has a beta of 0.30, meaning it tends to be less sensitive to market movements. EOT has a correlation of 0.08 to the broad based SPY ETF.

EOT has a market cap of $254.84 million. This is considered a Small Cap stock.

In the last 3 years, EOT stock traded as high as $24.09 and as low as $14.66.

EOT has underperformed the market in the last year with a return of -4.7%, while the SPY ETF gained +22.7%. In the last 3 month period, EOT fell short of the market, returning -0.1%, while SPY returned +6.4%. However, in the most recent 2 weeks EOT has outperformed the stock market by returning -0.7%, while SPY returned -3.5%.

EOT support price is $16.30 and resistance is $16.44 (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 EOT stock will trade within this expected range on the day.