SRV Stock Summary and Trading Ideas (Cushing MLP & Infrastructure Total Return | NYSE:SRV)

The Fund’s investment objective is to seek to produce current income and capitalization. The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets, plus any borrowings for investment purposes, in MLP investments; up to 50% of its Managed Assets in securities of MLPs and other natural resource companies that are not publicly traded, or that are otherwise restricted securities; up to 20% of its Managed Assets in securities of companies that are not MLPs, including other natural resource companies, and U.S. and non-U.S. issuers that may not constitute other natural resource companies; and up to 20% of its Managed Assets in debt securities of MLPs, other natural resource companies and other issuers. “Managed Assets” means the total assets of the Fund, minus all accrued expenses incurred in the normal course of operations other than liabilities or obligations attributable to investment leverage, including, without limitation, investment leverage obtained through (i) indebtedness of any type (including, without limitation, borrowing through a credit facility or the issuance of debt securities), (ii) the issuance of shares of preferred stock or other similar preference securities and/or (iii) the reinvestment of collateral received for securities loaned in accordance with the Fund’s investment objective and policies.

Cushing MLP & Infrastructure Total Return trades on the NYSE stock market under the symbol SRV.

As of April 18, 2024, SRV stock price climbed to $39.28 with 17,827 million shares trading.

SRV has a beta of 0.49, meaning it tends to be less sensitive to market movements. SRV has a correlation of 0.05 to the broad based SPY ETF.

SRV has a market cap of $114.48 million. This is considered a Micro Cap stock.

In the last 3 years, SRV stock traded as high as $45.60 and as low as $24.43.

SRV has outperformed the market in the last year with a return of +33.5%, while the SPY ETF gained +22.3%. In the last 3 month period, SRV beat the market returning +20.3%, while SPY returned +6.1%. However, in the most recent 2 weeks SRV has underperformed the stock market by returning -6.9%, while SPY returned -3.8%.

SRV support price is $38.06 and resistance is $39.48 (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 SRV stock will trade within this expected range on the day.