EPS growth is an important number as it indicates the future prospects of Nuveen Select Tax Free Income Portfolio III. I will do my best to analyze this stock, but there is limited information, therefore please check back later by doing a search here or going to the tag page for the stock symbol NXR here. The higher the EPS growth rate, the higher the value that is added to shareholders and a good reflection on the performance of the management at Nuveen Select Tax Free Income Portfolio III.



Nuveen Select Tax Free Income Portfolio III is in the asset management industry and is part of the financial services sector. Nuveen Select Tax Free Income Port 3 is a diversified closed-end management investment company. It seeks to provide current income and stable dividends, exempt from regular federal and designated state income taxes.

Previous Intraday Performance:

The NXR shares had a previous change of 0.07% which opened at 14.27 and closed at 14.25. It moved to an intraday high of 14.36 and a low of 14.18.

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Historical Performance:

Over the last five trading days, NXR shares returned 0.35% and in the past 30 trading days it returned -1.56%. Over three months, it changed -1.79%. In one year it has changed -1.68% and within that year its 52-week high was 15.69 and its 52-week low was 14.00. NXR stock is 1.79% above its 52 Week Low.

Our calculations result in a 200 day moving average of 14.25 and a 50 day moving average of 14.39. Right now, NXR stock is trading 0.02% above its 200 day moving average and may be a good opportunity to buy.

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Liquidity:

The company has a market cap of $185.9m with 13.0m shares outstanding and a float of 13.0m shares. Trading volume was 12,635 shares and has experienced an average volume of 17,455 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Nuveen Select Tax Free Income Portfolio III was 0.64 which ended on 31st of March 2018, which according to the previous close, that is a PE of 22.27.

The dividend per share is currently 0.52, which is a dividend yield of 3.66%.



Base on our calculations, the intrinsic value per share is 4.01, which means it might overvalued by -255.51%

Indicators Also to Watch:

Based on the latest filings, there is 15.30% of institutional ownership. Short-interest was 8,457, which was 0.06% of shares outstanding. The short-interest ratio or days-to-cover ratio was 0.25. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be -0.01

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Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 4.13%, return on assets is 4.11%, price-to-sales is -276.19 and.

Company Score Card:

Results are out of six:
 3  : Growth Expectations Result
 4  : Financial Safety Result
 3  : Past Performance Result
 6  : Valuation Result
 3  : Dividend Safety Result
 3  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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