NMCO Stock Summary and Trading Ideas (Nuveen Municipal Credit Opportunities Common Shares | :NMCO)

Nuveen Municipal Credit Opportunities Common Shares trades on the stock market under the symbol NMCO.

As of April 19, 2024, NMCO stock price was flat at $10.16 with 32,410 million shares trading.

NMCO has a beta of 0.82, meaning it tends to be less sensitive to market movements. NMCO has a correlation of 0.27 to the broad based SPY ETF.

NMCO has a market cap of $556.79 million. This is considered a Small Cap stock.

In the last 3 years, NMCO stock traded as high as $17.31 and as low as $8.52.

NMCO stock has underperformed the market in the last year with a return of -1.9%, while SPY returned +21.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in NMCO shares. However, NMCO has outperformed the market in the last 3 month and 2 week periods, returning +5.4% and -1.6%, while SPY returned +4.3% and -3.5%, respectively. This indicates NMCO has been having a stronger performance recently.

NMCO support price is $10.08 and resistance is $10.24 (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 NMCO stock will trade within this expected range on the day.