Invesco Advantage Mit Stock Today

VKI Stock  USD 8.64  0.09  1.05%   

Performance

Insignificant

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
Invesco Advantage is trading at 8.64 as of the 21st of March 2025. This is a 1.05 percent increase since the beginning of the trading day. The stock's open price was 8.55. Invesco Advantage has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 21st of December 2024 and ending today, the 21st of March 2025. Click here to learn more.
Business Domain
Financial Services
IPO Date
18th of August 1995
Classification
Financials
Invesco Advantage Municipal Income Trust II is a closed-ended fixed income mutual fund launched by Invesco Ltd. Invesco Advantage Municipal Income Trust II was formed on August 27, 1993 and is domiciled in the United States. Invesco Advantage operates under Asset Management classification in the United States and is traded on NYSEMKT Exchange.. The company has 44.41 M outstanding shares of which 79.07 K shares are at this time shorted by investors with about 0.66 days to cover. More on Invesco Advantage MIT

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Invesco Stock Highlights

ChairmanBruce Crockett
Old NamePHONERA - Frankfurt Stock Exchang
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Net Debt158.1 M294.9 M
Way Down
Slightly volatile
Total Current Liabilities150.7 K158.6 K
Notably Down
Very volatile
Non Current Liabilities Total324.8 M294.7 M
Significantly Up
Slightly volatile
Total Assets743.3 M630.8 M
Fairly Up
Slightly volatile
Total Current Assets14.5 M11.2 M
Significantly Up
Pretty Stable
Total Cash From Operating Activities33.7 M18.3 M
Way Up
Very volatile
Debt Levels
Invesco Advantage can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Invesco Advantage's financial leverage. It provides some insight into what part of Invesco Advantage's total assets is financed by creditors.
Liquidity
Invesco Advantage MIT has 256.43 M in debt with debt to equity (D/E) ratio of 0.67, which is OK given its current industry classification. Invesco Advantage MIT has a current ratio of 1.82, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Invesco to invest in growth at high rates of return.

Dividends Paid

23.77 Million
Invesco Advantage MIT (VKI) is traded on NYSE MKT Exchange in USA. It is located in 1331 Spring Street, North West, Atlanta, GA, United States, 30309 and employs 36 people. Invesco Advantage is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 379.67 M. Invesco Advantage MIT runs under Capital Markets sector within Financials industry. The entity has 44.41 M outstanding shares of which 79.07 K shares are at this time shorted by investors with about 0.66 days to cover. Invesco Advantage MIT has about 3.1 M in cash with 15.87 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07.
Check Invesco Advantage Probability Of Bankruptcy
Ownership Allocation
Invesco Advantage MIT has a total of 44.41 Million outstanding shares. Roughly 73.81 (percent) of Invesco Advantage outstanding shares are held by general public with 26.19 pct. by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Invesco Ownership Details

Invesco Advantage Historical Income Statement

As of now, Invesco Advantage's Other Operating Expenses is increasing as compared to previous years. The Invesco Advantage's current Net Income From Continuing Ops is estimated to increase to about 41.1 M, while Gross Profit is forecasted to increase to (607.9 K). View More Fundamentals

Invesco Stock Against Markets

Invesco Advantage Corporate Management

Anthony LaCavaIndependent TrusteeProfile
Todd KuehlChief Compliance OfficerProfile
Teresa ResselIndependent TrusteeProfile
Tim OReillyPortfolio ManagerProfile
Robert TroccoliIndependent TrusteeProfile
When determining whether Invesco Advantage MIT offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Advantage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Advantage Mit Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Advantage Mit Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Advantage MIT. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Invesco Advantage. If investors know Invesco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Invesco Advantage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.25)
Dividend Share
0.384
Earnings Share
0.86
Revenue Per Share
0.721
Quarterly Revenue Growth
0.013
The market value of Invesco Advantage MIT is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Advantage's value that differs from its market value or its book value, called intrinsic value, which is Invesco Advantage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Advantage's market value can be influenced by many factors that don't directly affect Invesco Advantage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Advantage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Advantage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Advantage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.