NCZ Stock Summary and Trading Ideas (Allianzgi Equity & Conv | NYSE:NCZ)

The fund’s investment objective is to provide total return through a combination of capital appreciation and high current income. The Funds attempt to achieve this objective by investing in a portfolio of convertible securities and non-convertible income-producing securities.

Allianzgi Equity & Conv trades on the NYSE stock market under the symbol NCZ.

As of April 17, 2024, NCZ stock price climbed to $2.71 with 196,234 million shares trading.

NCZ has a beta of 1.27, meaning it tends to be more sensitive to market movements. NCZ has a correlation of 0.54 to the broad based SPY ETF.

NCZ has a market cap of $206.65 million. This is considered a Small Cap stock.

In the last 3 years, NCZ stock traded as high as $5.51 and as low as $2.50.

NCZ has underperformed the market in the last year with a price return of +3.2% while the SPY ETF gained +23.0%. NCZ has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.3% and -5.3%, respectively, while the SPY returned +5.7% and -3.5%, respectively.

NCZ support price is $2.66 and resistance is $2.74 (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 NCZ stock will trade within this expected range on the day.