ETG Stock Summary and Trading Ideas (Ev Tax-Advantaged Global Dividend Income | NYSE:ETG)

The Fund’s investment objective is to provide a high level of after-tax total return. The Fund invests primarily in global dividend-paying common and preferred stocks and seeks to distribute a high level of divided income that qualifies for favorable federal income tax treatment. The Fund employs a value investment style and seeks to invest in dividend-paying common stocks that have the potential for meaningful dividend growth.

Ev Tax-Advantaged Global Dividend Income trades on the NYSE stock market under the symbol ETG.

As of April 18, 2024, ETG stock price declined to $17.22 with 121,384 million shares trading.

ETG has a beta of 1.27, meaning it tends to be more sensitive to market movements. ETG has a correlation of 0.83 to the broad based SPY ETF.

ETG has a market cap of $1.32 billion. This is considered a Small Cap stock.

In the last 3 years, ETG stock traded as high as $22.85 and as low as $14.08.

ETG has underperformed the market in the last year with a price return of +13.0% while the SPY ETF gained +22.2%. ETG has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.8% and -3.7%, respectively, while the SPY returned +5.2% and -2.6%, respectively.

ETG support price is $17.07 and resistance is $17.44 (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 ETG stock will trade within this expected range on the day.