NFJ Stock Summary and Trading Ideas (Allianzgi Nfj Dividend Interest & P | NYSE:NFJ)

Dividend, Interest & Premium Strategy’s primary investment objective is to seek current income and gains, with a secondary objective of long-term capital appreciation. Under normal market conditions the Fund pursues its investment objectives by investing in a diversified portfolio of dividend-paying common stocks and income-producing convertible securities. The Fund will also employ a strategy of writing (selling) call options on equity indexes in an attempt to generate gains from option premiums.

Allianzgi Nfj Dividend Interest & P trades on the NYSE stock market under the symbol NFJ.

As of April 17, 2024, NFJ stock price declined to $11.82 with 167,619 million shares trading.

NFJ has a beta of 1.06, meaning it tends to be more sensitive to market movements. NFJ has a correlation of 0.63 to the broad based SPY ETF.

NFJ has a market cap of $1.12 billion. This is considered a Small Cap stock.

In the last 3 years, NFJ stock traded as high as $16.19 and as low as $10.43.

NFJ has underperformed the market in the last year with a price return of +9.1% while the SPY ETF gained +23.0%. NFJ has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -3.4% and -4.6%, respectively, while the SPY returned +5.7% and -3.5%, respectively.

NFJ support price is $11.70 and resistance is $11.97 (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 NFJ stock will trade within this expected range on the day.