First Trust Municipal High Income ETF ( FMHI) Stock. Should you Buy or Sell? $ 47.39
0.03 (0.06 %)
First Trust Municipal High Income ETF Analysis
Updated on 10-09-2022Symbol | FMHI |
Price | $47.39 |
Beta | 0.000 |
Volume Avg. | $70.18 thousand |
Market Cap | $2.95 B |
52 Week Range | $46.7 - $56.52 |
First Trust Municipal High Income ETF opened the day at $47.39 which is +'0.06 % on yesterday's close. First Trust Municipal High Income ETF has a 52 week high of $56.52 and 52 week low of $46.7, which is a difference of $9.82. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $2.95 B and total net profit is $0 which means the company is trading at inf times profit to market capitalization. Theoretically, if you were to buy First Trust Municipal High Income ETF for $2.95 B, it would take 15 years to get your money back. First Trust Municipal High Income ETF are in the space which will have a sweet spot and industry standard for net profit multiples.
Price Chart
Financials
First Trust Municipal High Income ETF Stock Forecast - Is First Trust Municipal High Income ETF a Buy or Sell?
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Growth and Value
PE Ratio | 0.000 |
Dividend Yiel | 0.033 |
Net Profit Margin | 0.000 |
Valuing First Trust Municipal High Income ETF
Price Book Value Ratio | 0.000 | Price To Book Ratio | 0.000 |
Price To Sales Ratio | 0.000 | Price Earnings Ratio | 0.000 |
How liquid is First Trust Municipal High Income ETF
Current Ratio | 0.000 |
Quick Ratio | 0.000 |
Debt
Debt Ratio | 0.000 | Debt Equity Ratio | 0.000 |
Long Term Debt To Capitalization | 0.000 | Total Debt To Capitalization | 0.000 |
Latest news about First Trust Municipal High Income ETF

The municipal high-income ETF hit a 52-week high recently. Can it soar higher?

First Trust Municipal High Income ETF (FMHI) recently hit a 52-week high. Will it soar further?

The tax hike talks, improving U.S. economic growth, high yields and chances of issuances of build back America bonds may help muni bond ETFs in the near term.

As the economic recovery continues, the gap between winners and losers is widening into what some are calling a K-shaped recovery.
First Trust Advisors L.P. ("FTA") announces the declaration of the monthly distributions for certain exchange-traded funds advised by FTA.
About First Trust Municipal High Income ETF
Description :
Under normal market conditions, the fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes. Municipal securities are generally issued by or on behalf of states, territories or possessions of the U.S. and the District of Columbia and their political subdivisions, agencies, authorities and other instrumentalities.