TriplePoint Venture Growth BDC Corp (TPVG) 14-day ATR is 0.19: This Stock is Set to Soar Above its Peers

TriplePoint Venture Growth BDC Corp (NYSE: TPVG) started the day on Thursday, with a price increase of 10.72% at $7.54, before settling in for the price of $6.81 at the close. Taking a more long-term approach, TPVG posted a 52-week range of $6.44-$11.58.

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The Financial Sector giants’ yearly sales growth during the last 5-year period was 1.48%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -28.95%. This publicly-traded company’s shares outstanding now amounts to $39.95 million, simultaneously with a float of $39.38 million. The organization now has a market capitalization sitting at $301.25 million. At the time of writing, stock’s 50-day Moving Average stood at $6.99, while the 200-day Moving Average is $8.67.

TriplePoint Venture Growth BDC Corp (TPVG) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Asset Management Industry. TriplePoint Venture Growth BDC Corp’s current insider ownership accounts for 1.44%, in contrast to 14.53% institutional ownership. According to the most recent insider trade that took place on Aug 13 ’24, this organization’s President bought 24,083 shares at the rate of 7.09, making the entire transaction reach 170,676 in total value, affecting insider ownership by 274,941. Preceding that transaction, on Aug 12 ’24, Company’s President bought 11,298 for 7.02, making the whole transaction’s value amount to 79,311. This particular insider is now the holder of 250,858 in total.

TriplePoint Venture Growth BDC Corp (TPVG) Earnings and Revenue Records

TriplePoint Venture Growth BDC Corp’s EPS decrease for this current 12-month fiscal period is -28.95% and is forecasted to reach 1.26 in the upcoming year.

TriplePoint Venture Growth BDC Corp (NYSE: TPVG) Trading Performance Indicators

Let’s observe the current performance indicators for TriplePoint Venture Growth BDC Corp (TPVG). The Stock has managed to achieve an average true range (ATR) of 0.19. Alongside those numbers, its PE Ratio stands at $35.72, and its Beta score is 1.82. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.67. Similarly, its price to free cash flow for trailing twelve months is now 12.01.

In the same vein, TPVG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.21, a figure that is expected to reach 0.36 in the next quarter, and analysts are predicting that it will be 1.26 at the market close of one year from today.

Technical Analysis of TriplePoint Venture Growth BDC Corp (TPVG)

If we take a close look at the recent performances of TriplePoint Venture Growth BDC Corp (NYSE: TPVG), its last 5-days Average volume was 0.47 million that shows progress from its year to date volume of 0.36 million. During the previous 9 days, stock’s Stochastic %D was recorded 67.71% While, its Average True Range was 0.22.

Raw Stochastic average of TriplePoint Venture Growth BDC Corp (TPVG) in the period of the previous 100 days is set at 40.27%, which indicates a major fall in contrast to 90.90% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 49.34% that was higher than 35.11% volatility it exhibited in the past 100-days period.