Shares of Cornerstone Strategic Value Fund Inc. (NYSE American:CLM) traded at a new 52-week high today of $14.14. This new high was reached on below average trading volume as 469,000 shares traded hands, while the average 30-day volume is approximately 972,000 shares.
In the past 52 weeks, shares of Cornerstone Strategic Value Fund Inc. have traded between a low of $10.65 and a high of $14.14 and is now at $14.13, which is 33% above that low price.
Based on a current price of $14.13, Cornerstone Strategic Value Fund Inc. is currently 49.0% above its average consensus analyst price target of $7.21.
Cornerstone Strategic Value Fund Inc is a closed-end management investment company. The fund's objective is to seek long-term capital appreciation through investments in equity securities of U.S. and non-U.S. companies. It invests in various sectors, which include financials, information technology, healthcare, consumer discretionary, industrials, consumer staples, energy, telecommunication services, materials, and other sectors.
Receive IBN Spotlights - "Bite Size" Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About IBN (InvestorBrandNetwork)
IBN consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and Code Editorial Syndication to 5,000+ broadcast outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign and the NEW normal.
For more information on IBN, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer