RMMZ Company Profile and Key Details

The stock is currently within 5% of its 52-week high $13.83 and $15.29. With a market capitalization of about $127.16 million, RiverNorth Managed Duration Municipal Income Fund II, Inc. is classified as a micro-cap and shows lower-than-market volatility (beta ~0.71). Key stats such as the average daily volume over the past year has been around 16.36 thousand shares, in line with its 52-week average. Headquartered in Chicago, IL, RiverNorth Managed Duration Municipal Income Fund II, Inc. operates in the Financial Services sector and the Asset Management - Income industry. The RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) is structured as a diversified, closed-end management investment vehicle.

Short-term trend indicators are bearishly aligned (SMA20 -0.45%, SMA50 0.65%, SMA200 1.59%). The stock’s 14-day RSI is 50.22 (neutral), while the ATR of 0.2 points to moderate volatility. The stock remains sitting in the mid-range of its 52-week band, trading -6.6% below its high and over 7.69% above its low. Average 10-day trading volume of 16.88 thousand shares is in line with the 3-month average of 17.00 thousand, indicating normal recent market interest.

RiverNorth Managed Duration Municipal Income Fund II, Inc. trades at a P/E ratio of -21.18, slightly below the S&P 500 average, with a price-to-sales ratio of -56.0 and a price-to-book ratio of 0.97 suggesting the stock is closer to book value. The P/FCF stands at 10.44, also below market averages.

RiverNorth Managed Duration Municipal Income Fund II, Inc. last paid a dividend of 1.11 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around -$11.33. This means the shares are trading below this model’s fair value.