Alliance California Municipal Income Fund Inc (AKP) Buy or Sell Stock Guide

Last updated: Apr 12, '19

Are you looking for the analysis of Alliance California Municipal Income Fund Inc (AKP) stock? Are you wondering what the bulls and the bears say about it?

If so, you came to the right place. In this stock guide, we will share with you 1 reasons to buy and 4 reasons to sell AKP stock. You’ll get a perspective on what the bulls and the bears say about it.

The analysis below may be also helpful to you if you have any of the following questions about AKP stock:

  • Is AKP a buy or a sell?
  • Should I sell or hold AKP stock today?
  • Is AKP a good buy / investment?
  • What are AKP analyst opinions, recommendations and ratings?

Let’s start with the bull case. Here are the reasons to buy AKP stock:

1. AKP forward dividend yield is 3.50%, higher than the industry (0.43%) and sector (0.91%) forward dividend yields. See AKP forward dividend chart.

Now that you understand the bull case, let’s look at the reasons to sell AKP stock (i.e., the bear case):

1. AKP stock price ($14.74) is close to the 52-week high ($14.79). Perhaps now is a good time to sell? See AKP price chart.

2. AKP quarterly revenue growth was 2.50%, lower than the industry and sector average revenue growth (4.06% and 5.69%, respectively). See AKP revenue growth chart.

3. AKP profitability is declining. The YoY profit margin change was -65.61pp. See AKP profitability chart.

4. AKP Price/Book ratio is 1.01, and it’s high compared to its industry peers’ P/B ratios. See AKP forward Price/Book ratio chart.

Now let's look at the key statistics for AKP:

Metrics AKP
Price $14.72
Average Price Target / Upside N/A
Average Analyst Rating N/A
Industry Asset Management
Sector Financial Services
Number of Employees N/A
Market Cap $124.21M
Forward P/E Ratio N/A
Price/Book Ratio 15.88
Revenue (TTM) $7.82M
YoY Quarterly Revenue Growth 2.5%
Profit Margin -44.16%

What are your thoughts on AKP?

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