On Tuesday, SLR Investment Corp (NASDAQ: SLRC) was -0.62% drop from the session before settling in for the closing price of $16.26. A 52-week range for SLRC has been $14.41 – $16.91.
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When this article was written, the company’s average yearly earnings per share was at 3.60%. With a float of $53.05 million, this company’s outstanding shares have now reached $54.55 million.
In terms of profitability, gross margin is 80.87%, operating margin of 79.27%, and the pretax margin is 40.55%.
SLR Investment Corp (SLRC) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward SLR Investment Corp stocks. The insider ownership of SLR Investment Corp is 2.72%, while institutional ownership is 36.74%. The most recent insider transaction that took place on Jun 14 ’24, was worth 399,500. In this transaction Director of this company bought 25,000 shares at a rate of $15.98, taking the stock ownership to the 25,000 shares. Before that another transaction happened on Mar 07 ’24, when Company’s insider bought 46,700 for $15.72, making the entire transaction worth $734,124. This insider now owns 3,782,224 shares in total.
SLR Investment Corp (SLRC) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.42 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -4.20% during the next five years compared to 3.82% growth over the previous five years of trading.
SLR Investment Corp (NASDAQ: SLRC) Trading Performance Indicators
You can see what SLR Investment Corp (SLRC) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.77, a number that is poised to hit 0.42 in the next quarter and is forecasted to reach 1.63 in one year’s time.
Technical Analysis of SLR Investment Corp (SLRC)
Let’s dig in a bit further. During the last 5-days, its volume was 0.19 million. That was better than the volume of 0.16 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 72.58%. Additionally, its Average True Range was 0.23.
During the past 100 days, SLR Investment Corp’s (SLRC) raw stochastic average was set at 66.06%, which indicates a significant increase from 33.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.70% in the past 14 days, which was higher than the 13.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.11, while its 200-day Moving Average is $15.71. However, in the short run, SLR Investment Corp’s stock first resistance to watch stands at $16.29. Second resistance stands at $16.41. The third major resistance level sits at $16.49. If the price goes on to break the first support level at $16.09, it is likely to go to the next support level at $16.01. Assuming the price breaks the second support level, the third support level stands at $15.89.
SLR Investment Corp (NASDAQ: SLRC) Key Stats
There are 54,555K outstanding shares of the company, which has a market capitalization of 885.39 million. As of now, sales total 229,310 K while income totals 76,390 K. Its latest quarter income was 59,770 K while its last quarter net income were 22,050 K.
