FFC Stock Summary and Trading Ideas (Flaherty & Crumrine Pr Securities Income | NYSE:FFC)

The Fund’s investment objective is high current income for holders of its common stock consistent with preservation of capital. At least 80% of the Fund's total assets will be invested in a diversified portfolio of preferred securities. The Fund expects that its portfolio of preferred securities will consist principally of 'hybrid' or taxable preferreds. At least 80% of the Fund's preferred securities will be investment-grade quality at the time of purchase. Up to 20% of the Fund's total assets may be invested in securities rated below-investment grade as long as they are rated at least Ba3 or BB- or issued by a company with outstanding investment-grade senior debt. The Fund’s investment adviser intends to pursue strategies that it expects generally to result in the Fund’s income increasing in response to significant increases in long-term interest rates while being relatively resistant to the impact of declines in long-term interest rates.

Flaherty & Crumrine Pr Securities Income trades on the NYSE stock market under the symbol FFC.

As of April 17, 2024, FFC stock price climbed to $14.03 with 68,618 million shares trading.

FFC has a beta of 0.86, meaning it tends to be less sensitive to market movements. FFC has a correlation of 0.23 to the broad based SPY ETF.

FFC has a market cap of $675.94 million. This is considered a Small Cap stock.

In the last 3 years, FFC stock traded as high as $23.79 and as low as $11.90.

FFC has underperformed the market in the last year with a price return of +3.0% while the SPY ETF gained +23.0%. FFC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.9% and -4.4%, respectively, while the SPY returned +5.7% and -3.5%, respectively.

FFC support price is $13.83 and resistance is $14.07 (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 FFC stock will trade within this expected range on the day.