BLACKROCK NEW YORK MUNICIPAL INCM TR II is an AMEX listed security that has been trading in a range between $13.40 and $15.74 over the past year. With 0 shares outstanding, a recent price of $15.08 gives a total market capitalization of $0. While there are certainly larger companies, BLACKROCK NEW YORK MUNICIPAL INCM TR II has definitely earned its place in the pack. Last year, BLACKROCK NEW YORK MUNICIPAL INCM TR II created $0.00 in earnings for every share outstanding.
BLACKROCK NEW YORK MUNICIPAL INCM TR II is currently priced by the market at 0.00 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.
With a share price under $50 a share and earnings per share below $1 a share, BLACKROCK NEW YORK MUNICIPAL INCM TR II is unlikely to be an interesting value proposition.
Showing posts with label Bond Fund. Show all posts
Showing posts with label Bond Fund. Show all posts
Wednesday, July 18, 2007
Monday, July 16, 2007
Eaton Vance New York Muni. Incm. Trst Fd
Eaton Vance New York Muni. Incm. Trst Fd is an AMEX listed security that has been trading in a range between $14.23 and $16.10 over the past year. With 5,375,350 shares outstanding, a recent price of $15.01 gives a total market capitalization of $80,727,004. While there are certainly larger companies, Eaton Vance New York Muni. Incm. Trst Fd has definitely earned its place in the pack. Last year, Eaton Vance New York Muni. Incm. Trst Fd created $1.14 in earnings for every share outstanding.
Eaton Vance New York Muni. Incm. Trst Fd is currently priced by the market at 13.10 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.
With a share price under $50 a share and earnings per share in excess of $1 a share, Eaton Vance New York Muni. Incm. Trst Fd could be an interesting value proposition.
Eaton Vance New York Muni. Incm. Trst Fd is currently priced by the market at 13.10 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.
With a share price under $50 a share and earnings per share in excess of $1 a share, Eaton Vance New York Muni. Incm. Trst Fd could be an interesting value proposition.
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