EXG Stock Summary and Trading Ideas (Ev Tax-Managed Global Com | NYSE:EXG)

The Fund’s primary investment objective is to provide current income and gains, with a secondary objective of capital appreciation. The Fund invests in a diversified portfolio of domestic and foreign common stocks with an emphasis on dividend paying stocks and writes call options on one or more U.S. and foreign indices with respect to a portion of the value of its common stock portfolio to generate current cash flow from the options premium received. The Fund evaluates returns on an after tax basis and seeks to minimize and defer federal income taxes incurred by shareholders in connection with their investment in the Fund.

Ev Tax-Managed Global Com trades on the NYSE stock market under the symbol EXG.

As of April 18, 2024, EXG stock price declined to $7.86 with 391,398 million shares trading.

EXG has a beta of 1.01, meaning it tends to be more sensitive to market movements. EXG has a correlation of 0.77 to the broad based SPY ETF.

EXG has a market cap of $2.41 billion. This is considered a Mid Cap stock.

In the last 3 years, EXG stock traded as high as $10.81 and as low as $6.78.

EXG has underperformed the market in the last year with a return of +9.7%, while the SPY ETF gained +22.2%. In the last 3 month period, EXG fell short of the market, returning +4.1%, while SPY returned +5.2%. However, in the most recent 2 weeks EXG has outperformed the stock market by returning -1.9%, while SPY returned -2.6%.

EXG support price is $7.82 and resistance is $7.96 (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 EXG stock will trade within this expected range on the day.