HTY Stock Summary and Trading Ideas (JH Tax Advantaged Global | NYSE:HTY)

The Fund's investment objective is to provide a high level of total return consisting of a high level of current income and gains and long term capital appreciation. The Fund will seek to achieve favorable after-tax returns for its shareholders by seeking to minimize the federal income tax consequences on income and gains generated by the Fund. Under normal market condition, the Fund will invest at least 80% of its total assets in a diversified portfolio of dividend-paying stocks of issuers located throughout the world. The Fund also intends to write call options on a variety of both U.S. and non-U.S. broad-based indices.

JH Tax Advantaged Global trades on the NYSE stock market under the symbol HTY.

As of April 16, 2024, HTY stock price declined to $5.02 with 20,989 million shares trading.

HTY has a beta of 1.11, meaning it tends to be more sensitive to market movements. HTY has a correlation of 0.57 to the broad based SPY ETF.

HTY has a market cap of $54.83 million. This is considered a Micro Cap stock.

In the last 3 years, HTY stock traded as high as $7.04 and as low as $4.04.

HTY has underperformed the market in the last year with a price return of +16.9% while the SPY ETF gained +23.8%. HTY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.6% and -3.8%, respectively, while the SPY returned +6.1% and -3.5%, respectively.

HTY support price is $4.98 and resistance is $5.08 (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 HTY stock will trade within this expected range on the day.