FOF Stock Summary and Trading Ideas (Cohen & Steers Closed-End Opportunity | NYSE:FOF)

The investment objective of the Fund is to achieve total return consisting of high current income and potential capital appreciation through investments in the common stock of closed-end management investment companies that invest significantly in equity or income-producing securities.

Cohen & Steers Closed-End Opportunity trades on the NYSE stock market under the symbol FOF.

As of April 19, 2024, FOF stock price climbed to $11.11 with 28,449 million shares trading.

FOF has a beta of 0.97, meaning it tends to be less sensitive to market movements. FOF has a correlation of 0.41 to the broad based SPY ETF.

FOF has a market cap of $305.92 million. This is considered a Small Cap stock.

In the last 3 years, FOF stock traded as high as $15.78 and as low as $9.57.

FOF has underperformed the market in the last year with a return of +10.4%, while the SPY ETF gained +21.2%. In the last 3 month period, FOF fell short of the market, returning +1.5%, while SPY returned +4.3%. However, in the most recent 2 weeks FOF has outperformed the stock market by returning -2.9%, while SPY returned -3.5%.

FOF support price is $11.00 and resistance is $11.20 (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 FOF stock will trade within this expected range on the day.