PIC.A Stock Overview
Premium Income Corporation is an equity mutual fund launched and managed by Strathbridge Asset Management Inc.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
Premium Income Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$4.15 |
| 52 Week High | CA$6.24 |
| 52 Week Low | CA$3.29 |
| Beta | 1.21 |
| 1 Month Change | -10.56% |
| 3 Month Change | -1.19% |
| 1 Year Change | -31.52% |
| 3 Year Change | -33.28% |
| 5 Year Change | -36.83% |
| Change since IPO | -69.36% |
Recent News & Updates
Recent updates
Shareholder Returns
| PIC.A | CA Capital Markets | CA Market | |
|---|---|---|---|
| 7D | 1.0% | 0.6% | -0.5% |
| 1Y | -31.5% | 27.5% | 5.3% |
Return vs Industry: PIC.A underperformed the Canadian Capital Markets industry which returned 26.1% over the past year.
Return vs Market: PIC.A underperformed the Canadian Market which returned 4.9% over the past year.
Price Volatility
| PIC.A volatility | |
|---|---|
| PIC.A Average Weekly Movement | 3.1% |
| Capital Markets Industry Average Movement | 4.8% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in CA Market | 18.1% |
| 10% least volatile stocks in CA Market | 3.0% |
Stable Share Price: PIC.A has not had significant price volatility in the past 3 months.
Volatility Over Time: PIC.A's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1996 | n/a | John Mulvihill | www.strathbridge.com/overview.aspx?fund_id=7 |
Premium Income Corporation is an equity mutual fund launched and managed by Strathbridge Asset Management Inc. It invests in the public equity markets of Canada. It invests in stocks of companies operating primarily in the banking sector. The fund uses financial derivatives such as call and put options to invest in stocks of Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and Toronto Dominion Bank.
Premium Income Corporation Fundamentals Summary
| PIC.A fundamental statistics | |
|---|---|
| Market cap | CA$69.31m |
| Earnings (TTM) | -CA$44.85m |
| Revenue (TTM) | n/a |
-2.4x
P/S Ratio-1.6x
P/E RatioIs PIC.A overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PIC.A income statement (TTM) | |
|---|---|
| Revenue | -CA$29.09m |
| Cost of Revenue | CA$0 |
| Gross Profit | -CA$29.09m |
| Other Expenses | CA$15.76m |
| Earnings | -CA$44.85m |
Last Reported Earnings
Oct 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -2.66 |
| Gross Margin | 100.00% |
| Net Profit Margin | 154.19% |
| Debt/Equity Ratio | 3,219.7% |
How did PIC.A perform over the long term?
See historical performance and comparison