HIO Company Profile and Key Details

Western Asset High Income Opportunity Fund Inc (NYSE:HIO) closed at $3.44 USD, gaining $0.01 (0.29%) from the previous close of $3.43. The stock is currently trading near its 52-week low $3.43 and $4.05. With a market capitalization of about $327.14 million, Western Asset High Income Opportunity Fund Inc is classified as a small-cap and shows lower-than-market volatility (beta ~0.51). Key stats such as the average daily volume over the past year has been around 356.39 thousand shares, volume is running light vs its 52-week average. Headquartered in New York, NY, Western Asset High Income Opportunity Fund Inc operates in the Financial Services sector and the Asset Management 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.

Western Asset High Income Opportunity Fund Inc last paid a dividend of 0.43 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.

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 349.69 thousand shares is in line with the 3-month average of 350.64 thousand, indicating normal recent market interest.

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 11.82.

Western Asset High Income Opportunity Fund Inc trades at a P/E ratio of 11.82, slightly below the S&P 500 average, with a price-to-sales ratio of 11.32 and a price-to-book ratio of 0.88 suggesting the stock is closer to book value. The P/FCF stands at 0.0, also below market averages.