BlackRock California Municipal Income Trust Shares Close in on 52-Week High - Market Mover

The shares closed 1.3% below its 52-week high of $14.96, with trading volume higher than its 30 day average

May 28, 2021 by Kwhen Finance Editors

BlackRock California Municipal Income Trust Shares Close in on 52-Week High - Market Mover
BlackRock California Municipal Income Trust (BFZ) shares closed today at 1.3% below its 52 week high of $14.96, giving the company a market cap of $467M. The stock is currently up 5.3% year-to-date, up 18.5% over the past 12 months, and up 11.3% over the past five years. This week, the Dow Jones Industrial Average rose 1.1%, and the S&P 500 rose 1.2%.

Trading Activity

  • Trading volume this week was 3.6% higher than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.1.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Fundamentals & Catalysts

  • Over the past 12 months the company generated $44 million in earnings before interest and taxes from $28 million in revenue. It currently holds $0 in cash and $253,262 in debt.
  • Its forward price-to-earnings (P/E) ratio of 0 is lower than its current P/E ratio of 0.00, implying that analysts are expecting an increase in earnings.
  • The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at 0.00. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
  • The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 0.67 which means it currently has $0.67 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
  • The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 0.91. This means that the stock is trading at a discount of 1 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
  • The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 15.68.
  • The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 27.25.

P/E

0.00

EBITDA

$44M

P/Book

0.91

Mkt Cap

$467M

P/Sales

15.68

Revenue

$28M

EPS (TTM)

0.00

PEG Ratio

0.00

EV/Revenue

27.25

Total Cash

$0

Debt/Equity

0.67

Forward P/E

0.00

Current Debt

$253,262

Gross Profit

$23M

Dividend Date

-

Earnings Date

-

Profit Margin

1.30

Revenue/Share

0.89

Total Revenue

$28M

Enterprise Val

$772M

Put/Call Ratio

0.00

Revenue/Employee

0.00

Market Comparative Performance

  • The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
BlackRock California Municipal Income Trust-0.15.318.5-1.119.5
Dow Jones Industrial Average0.313.838.6-1.141.8
S&P 500 Index0.212.740.9-0.444.2
Technology Industry-1.3-27.8-77.2-76.99.0

Peer Group Comparative Performance

    NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
    BlackRock California Municipal Income TrustBFZ05.318.5-1.119.5
    Peer AvgN/A

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