JPC Stock Summary and Trading Ideas (Nuveen Preferred & Income Opportunities | NYSE:JPC)

The Fund invests at least 80% of its managed assets in preferred securities and up to 20% opportunistically over the market cycle in other types of securities, primarily income oriented securities such as corporate and taxable municipal debt and common equity.

Nuveen Preferred & Income Opportunities trades on the NYSE stock market under the symbol JPC.

As of April 16, 2024, JPC stock price climbed to $6.82 with 1,011,982 million shares trading.

JPC has a beta of 0.69, meaning it tends to be less sensitive to market movements. JPC has a correlation of 0.33 to the broad based SPY ETF.

JPC has a market cap of $2.18 billion. This is considered a Mid Cap stock.

In the last 3 years, JPC stock traded as high as $10.07 and as low as $5.94.

JPC has underperformed the market in the last year with a price return of +16.3% while the SPY ETF gained +23.7%. JPC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.5% and -4.1%, respectively, while the SPY returned +6.0% and -3.6%, respectively.

JPC support price is $6.74 and resistance is $6.86 (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 JPC stock will trade within this expected range on the day.