ZTR Stock Summary and Trading Ideas (Virtus Global Dividend & Income | NYSE:ZTR)

The Fund’s investment objective is to seek total return, consisting of capital appreciation and income. The portfolio managers employ a Growth at a Reasonable Price (GARP) approach to the equity portion of the portfolio, which is primarily invested domestic large capitalization companies, placing emphasis on the current income generated by the portfolio's equity securities. The fixed income portion of the portfolio is generally invested in U.S. government securities and investment grade corporate bonds; however, the fund may also invest a portion of its assets in high yield bonds and foreign issuers.

Virtus Global Dividend & Income trades on the NYSE stock market under the symbol ZTR.

As of April 24, 2024, ZTR stock price was flat at $5.38 with 249,822 million shares trading.

ZTR has a beta of 0.74, meaning it tends to be less sensitive to market movements. ZTR has a correlation of 0.24 to the broad based SPY ETF.

ZTR has a market cap of $368.95 million. This is considered a Small Cap stock.

In the last 3 years, ZTR stock traded as high as $10.41 and as low as $4.50.

ZTR stock has underperformed the market in the last year with a return of -3.8%, while SPY returned +24.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ZTR shares. However, ZTR has outperformed the market in the last 3 month and 2 week periods, returning +5.5% and -0.4%, while SPY returned +4.6% and -2.7%, respectively. This indicates ZTR has been having a stronger performance recently.

ZTR support price is $5.33 and resistance is $5.43 (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 ZTR stock will trade within this expected range on the day.