iShares Short-Term Corporate Bond ETF (NASDAQ:IGSB) Raised to “Hold” at ValuEngine

ValuEngine upgraded shares of iShares Short-Term Corporate Bond ETF (NASDAQ:IGSB) from a sell rating to a hold rating in a report published on Thursday, ValuEngine reports.

NASDAQ IGSB traded up $0.26 on Thursday, hitting $52.27. 4,173,900 shares of the stock were exchanged, compared to its average volume of 2,572,733. iShares Short-Term Corporate Bond ETF has a fifty-two week low of $47.21 and a fifty-two week high of $55.00. The company has a 50-day moving average price of $52.59 and a 200-day moving average price of $53.42.

Further Reading: Understanding debt-to-equity ratio in fundamental analysis

To view ValuEngine’s full report, visit ValuEngine’s official website.

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