NBH Stock Summary and Trading Ideas (Neuberger Berman Municipal | AMEX:NBH)

Fund’s investment objective is to provide common stockholders a high level of current income exempt from Federal income tax. The fund utilizes leverage through the issuance of preferred stock

Neuberger Berman Municipal trades on the AMEX stock market under the symbol NBH.

As of April 19, 2024, NBH stock price was flat at $10.10 with 65,668 million shares trading.

NBH has a beta of 0.64, meaning it tends to be less sensitive to market movements. NBH has a correlation of 0.32 to the broad based SPY ETF.

NBH has a market cap of $299.14 million. This is considered a Small Cap stock.

In the last 3 years, NBH stock traded as high as $17.47 and as low as $8.75.

NBH has underperformed the market in the last year with a return of +1.0%, while the SPY ETF gained +21.2%. In the last 3 month period, NBH fell short of the market, returning -0.5%, while SPY returned +4.3%. However, in the most recent 2 weeks NBH has outperformed the stock market by returning -1.5%, while SPY returned -3.5%.

NBH support price is $10.03 and resistance is $10.17 (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 NBH stock will trade within this expected range on the day.