HIO Company Profile and Key Details

Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) closed at $3.60 USD, losing -$0.03 (-0.96%) from the previous close of $3.63. The stock is currently within 5% of its 52-week low $3.52 and $4.05. With a market capitalization of about $341.88 million, Western Asset High Income Opportunity Fund Inc. is classified as a small-cap and shows lower-than-market volatility (beta ~0.52). Key stats such as the average daily volume over the past year has been around 358.18 thousand shares, volume is running light vs its 52-week average. Headquartered in New York City, NY, Western Asset High Income Opportunity Fund Inc. operates in the Financial Services sector and the Asset Management - Income industry. Western Asset High Income Opportunity Fund Inc. is a closed ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company and Western Asset Management Company Limited.

Short-term trend indicators are mixed aligned (SMA20 0.26%, SMA50 1.21%, SMA200 -1.51%). The stock’s 14-day RSI is 54.19 (neutral), while the ATR of 0.03 points to tighter daily ranges. The stock remains hovering near 52-week lows, trading -8.43% below its high and over 13.1% above its low. Average 10-day trading volume of 410.60 thousand shares is slightly above the 3-month average of 357.42 thousand, indicating heightened recent market interest.

Western Asset High Income Opportunity Fund Inc. trades at a P/E ratio of 13.76, slightly below the S&P 500 average, with a price-to-sales ratio of 12.93 and a price-to-book ratio of 0.89 suggesting the stock is closer to book value. The P/FCF stands at 0.0, also below market averages.

Western Asset High Income Opportunity Fund Inc. last paid a dividend of 0.46 per share, this equals a trailing yield of roughly 10.24%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $0.00.

Our AI price prediction model suggests that Western Asset High Income Opportunity Fund Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term.

currently trading near 52-week highs band. Valuation shows Western Asset High Income Opportunity Fund Inc. trading at a premium to the broader market with a P/E of 13.76.