EVT Stock Summary and Trading Ideas (Ev Tax Advantaged Dividend Income | NYSE:EVT)

The Fund’s investment objective is to provide a high level of after-tax total return consisting primarily of tax-advantaged dividend income and capital appreciation. The Fund invests primarily in dividend-paying common and preferred stocks and seeks to distribute a high level of divided income that qualifies for favorable federal income tax treatment.

Ev Tax Advantaged Dividend Income trades on the NYSE stock market under the symbol EVT.

As of April 18, 2024, EVT stock price was flat at $22.41 with 59,295 million shares trading.

EVT has a beta of 1.20, meaning it tends to be more sensitive to market movements. EVT has a correlation of 0.64 to the broad based SPY ETF.

EVT has a market cap of $1.67 billion. This is considered a Small Cap stock.

In the last 3 years, EVT stock traded as high as $30.25 and as low as $18.70.

EVT has underperformed the market in the last year with a price return of +4.8% while the SPY ETF gained +22.4%. EVT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +4.3% and -4.3%, respectively, while the SPY returned +6.2% and -3.7%, respectively.

EVT support price is $22.16 and resistance is $22.67 (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 EVT stock will trade within this expected range on the day.