Beamr video compression achieves up to 50% improvement for AVs
Gabelli Equity Trust Closed Fund stock has reached a new 52-week high, hitting 5.93 USD. This milestone reflects a significant performance over the past year, with the stock delivering an impressive 24.43% total return. The fund currently offers a substantial 10.15% dividend yield, supported by a 39-year track record of consistent dividend payments. The investment trust, known for its diversified equity portfolio, has demonstrated resilience and growth potential in the current market environment. With a market capitalization of $1.82 billion and a P/E ratio of 9.68, investors have shown increased confidence in the fund, driving the stock to this new high. InvestingPro analysis reveals several additional positive indicators, with 6 more exclusive ProTips available to subscribers, offering deeper insights into the fund’s potential.
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