Notable ETF Outflow Detected - EMLC
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 02 2024
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Source: NASDAQ.COM
- EMLC Stock Analysis: EMLC's 52-week range is $23.1139 to $26.1075 per share, with the last trade at $23.95. Comparing the share price to the 200-day moving average is a useful technical analysis technique.
- Exchange Traded Funds (ETFs): ETFs trade like stocks, where investors buy and sell "units." These units can be traded back and forth or created/destroyed based on investor demand.
- Monitoring ETFs: Weekly monitoring of shares outstanding data helps track notable inflows (new units created) or outflows (old units destroyed) in ETFs. Creation of new units involves purchasing underlying holdings, while destruction involves selling them.
- Notable Outflows: Investors can find out which 9 other ETFs experienced significant outflows by clicking on a provided link.
- Disclaimer: The views and opinions expressed in the content belong to the author and may not reflect those of Nasdaq, Inc.
Analyst Views on EMLC
Wall Street analysts forecast EMLC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EMLC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 26.200
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Current: 26.200
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
