GUT Stock Summary and Trading Ideas (Gabelli Util Trust | NYSE:GUT)

The Gabelli Utility Trust is a closed-end, diversified management investment company whose primary objective is long-term growth of capital and income. The fund invests primarily in foreign and domestic companies involved in providing products, services, or equipment for the generation or distribution of electricity, gas, water, and telecommunications services.

Gabelli Util Trust trades on the NYSE stock market under the symbol GUT.

As of April 19, 2024, GUT stock price climbed to $5.54 with 188,261 million shares trading.

GUT has a beta of 0.33, meaning it tends to be less sensitive to market movements. GUT has a correlation of 0.02 to the broad based SPY ETF.

GUT has a market cap of $416.29 million. This is considered a Small Cap stock.

In the last 3 years, GUT stock traded as high as $8.36 and as low as $4.60.

GUT stock has underperformed the market in the last year with a return of -12.3%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in GUT shares. However, GUT has outperformed the market in the last 3 month and 2 week periods, returning +11.4% and +2.2%, while SPY returned +3.0% and -4.5%, respectively. This indicates GUT has been having a stronger performance recently.

GUT support price is $5.36 and resistance is $5.48 (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 GUT stock will trade within this expected range on the day.