OPP-PB Company Profile and Key Details

Average 10-day trading volume of 11.73 thousand shares is slightly above the 3-month average of 7.89 thousand, indicating heightened recent market interest.

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP-PB) closed at $16.43 USD, gaining $0.20 (1.20%) from the previous close of $16.23. The stock is currently within 5% of its 52-week low $16.21 and $19.41. With a market capitalization of about $503.07 million, RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. is classified as a small-cap and shows lower-than-market volatility (beta ~0.37). Key stats such as the average daily volume over the past year has been around 7.62 thousand shares, trading with heavier-than-usual volume. Headquartered in Chicago, IL, RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. operates in the Financial Services sector and the Asset Management industry. Led by CEO Patrick W. Galley, the company employs approximately 0 people and listed since November 16, 2021. RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by DoubleLine Capital LP.

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. last paid a dividend of 1.19 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 $6.43. This means the shares are trading above this model’s fair value.

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP-PB) shares are flat 2.46% year-to-date Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. trading at a premium to the broader market with a P/E of 12.69.

Our AI price prediction model suggests that RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected increase of 19.96%, with price expected at $19.71 by November 24, 2023, within a range of $19.53 to $19.90

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. trades at a P/E ratio of 12.69, slightly below the S&P 500 average, with a price-to-sales ratio of 7.01 and a price-to-book ratio of 0.56 suggesting the stock is closer to book value. The P/FCF stands at 5.76, also below market averages.