CEV Company Profile and Key Details

Eaton Vance California Municipal Income Trust (AMEX:CEV) closed at $10.05 USD, losing -$0.08 (-0.79%) from the previous close of $10.13. The stock is currently within 5% of its 52-week low $9.82 and $10.84. With a market capitalization of about $70.69 million, Eaton Vance California Municipal Income Trust is classified as a micro-cap and shows lower-than-market volatility (beta ~0.59). Key stats such as the average daily volume over the past year has been around 23.74 thousand shares, in line with its 52-week average. Headquartered in Boston, MA, Eaton Vance California Municipal Income Trust operates in the Financial Services sector and the Asset Management - Income industry. Led by CEO Payson F. Swaffield, the company employs approximately 0 people and listed since January 27, 1999. The Eaton Vance California Municipal Income Trust (CEV) operates as a closed-end mutual fund under the management of Eaton Vance Management, its original creator.

Eaton Vance California Municipal Income Trust last paid a dividend of 0.6 per share, this equals a trailing yield of roughly 4.39%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around -$5.04. This means the shares are trading below this model’s fair value.

Short-term trend indicators are bearishly aligned (SMA20 1.25%, SMA50 3.36%, SMA200 6.46%). The stock’s 14-day RSI is 60.99 (firm momentum), while the ATR of 0.1 points to tighter daily ranges. The stock remains hovering near 52-week lows, trading -1.48% below its high and over 14.1% above its low. Average 10-day trading volume of 21.67 thousand shares is in line with the 3-month average of 23.68 thousand, indicating normal recent market interest.

Our AI price prediction model suggests that Eaton Vance California Municipal Income Trust 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 Eaton Vance California Municipal Income Trust trading at a premium to the broader market with a P/E of 9.71.

Eaton Vance California Municipal Income Trust trades at a P/E ratio of 9.71, slightly below the S&P 500 average, with a price-to-sales ratio of 14.23 and a price-to-book ratio of 0.91 suggesting the stock is closer to book value. The P/FCF stands at 23.68, also below market averages.