NIE Company Profile and Key Details

Virtus Equity & Convertible Income Fund (NYSE:NIE) closed at $26.51 USD, gaining $0.51 (1.96%) from the previous close of $26.00. The stock is currently within 5% of its 52-week high $22.74 and $27.24. With a market capitalization of about $734.56 million, Virtus Equity & Convertible Income Fund is classified as a small-cap and shows market-like volatility (beta ~1.08). Key stats such as the average daily volume over the past year has been around 69.37 thousand shares, volume is running light vs its 52-week average. Headquartered in New York City, NY, Virtus Equity & Convertible Income Fund operates in the Financial Services sector and the Asset Management - Income industry. Led by CEO Charles William Maher, the company employs approximately 0 people and listed since February 23, 2007. The Virtus Equity & Convertible Income Fund is a closed-end mutual fund designed to invest in a mix of stocks and income-producing convertible securities.

Short-term trend indicators are bearishly aligned (SMA20 0.81%, SMA50 1.48%, SMA200 5.42%). The stock’s 14-day RSI is 56.54 (neutral), while the ATR of 0.32 points to moderate volatility. The stock remains hovering near 52-week lows, trading -0.47% below its high and over 41.09% above its low. Average 10-day trading volume of 74.50 thousand shares is in line with the 3-month average of 69.56 thousand, indicating normal recent market interest.

Virtus Equity & Convertible Income Fund trades at a P/E ratio of 6.41, slightly below the S&P 500 average, with a price-to-sales ratio of 8.45 and a price-to-book ratio of 0.94 suggesting the stock is closer to book value. The P/FCF stands at 0.0, also above market averages.