JHI Stock Summary and Trading Ideas (John Hancock Investors Trust | NYSE:JHI)

The Fund’s primary objective is to generate income for distribution to its shareholders, with capital appreciation as a secondary objective. The Fund invests in a diversified portfolio of corporate and government bonds. In choosing bonds for the portfolio, the Fund’s managers evaluate the full spectrum of bonds in the marketplace and diversify across a number of industries. It is contemplated that at least 30% of the value of the Fund’s total assets will be rated investment grade or higher by Moody’s or Standard & Poor’s at the time of investment.

John Hancock Investors Trust trades on the NYSE stock market under the symbol JHI.

As of April 19, 2024, JHI stock price climbed to $13.06 with 14,580 million shares trading.

JHI has a beta of 0.49, meaning it tends to be less sensitive to market movements. JHI has a correlation of 0.38 to the broad based SPY ETF.

JHI has a market cap of $114.20 million. This is considered a Micro Cap stock.

In the last 3 years, JHI stock traded as high as $19.60 and as low as $11.63.

JHI has underperformed the market in the last year with a return of +9.3%, while the SPY ETF gained +21.2%. In the last 3 month period, JHI fell short of the market, returning +2.6%, while SPY returned +3.0%. However, in the most recent 2 weeks JHI has outperformed the stock market by returning -0.5%, while SPY returned -4.5%.

JHI support price is $12.90 and resistance is $13.08 (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 JHI stock will trade within this expected range on the day.