ERH Company Profile and Key Details

Allspring Utilities and High Income Fund (AMEX:ERH) closed at $11.22 USD, losing -$0.14 (-1.23%) from the previous close of $11.36. The stock is currently trading near its 52-week low $11.22 and $13.07. With a market capitalization of about $99.10 million, Allspring Utilities and High Income Fund is classified as a micro-cap and shows lower-than-market volatility (beta ~0.78). Key stats such as the average daily volume over the past year has been around 25.86 thousand shares, volume is running light vs its 52-week average. Headquartered in Charlotte, NC, Allspring Utilities and High Income Fund operates in the Financial Services sector and the Asset Management - Income industry. The Allspring Utilities and High Income Fund functions as a closed-end, balanced mutual fund, principally managed by Wells Fargo Funds Management LLC. Joint management is also provided by Crow Point Partners, LLC and Wells Capital Management Incorporated. This fund strategically deploys capital in both the public stock and bond markets across the United States.

Short-term trend indicators are mixed aligned (SMA20 4.09%, SMA50 6.22%, SMA200 5.76%). The stock’s 14-day RSI is 81.03 (overbought), while the ATR of 0.15 points to moderate volatility. The stock remains hovering near 52-week lows, trading -3.06% below its high and over 26.95% above its low. Average 10-day trading volume of 27.88 thousand shares is in line with the 3-month average of 25.65 thousand, indicating normal recent market interest.

Allspring Utilities and High Income Fund last paid a dividend of 1.03 per share, this equals a trailing yield of roughly 0.0%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around -$0.73. This means the shares are trading below this model’s fair value.

currently trading near 52-week highs band. Valuation shows Allspring Utilities and High Income Fund trading at a premium to the broader market with a P/E of 4.52.

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

Allspring Utilities and High Income Fund trades at a P/E ratio of 4.52, slightly below the S&P 500 average, with a price-to-sales ratio of 12.88 and a price-to-book ratio of 0.81 suggesting the stock is closer to book value. The P/FCF stands at 34.44, also below market averages.