TriplePoint Venture Growth BDC Corp (NYSE: TPVG) on Friday, plunged -9.33% from the previous trading day, before settling in for the closing price of $6.75. Within the past 52 weeks, TPVG’s price has moved between $6.44 and $9.73.
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The company achieved an average annual earnings per share of -13.01%. With a float of $39.55 million, this company’s outstanding shares have now reached $40.14 million.
In terms of profitability, gross margin is 81.53%, operating margin of 93.37%, and the pretax margin is 62.04%.
TriplePoint Venture Growth BDC Corp (TPVG) Breakdown of a Key Holders of the stock
Observing investor behavior towards Asset Management industry stocks is more important than anything else. The insider ownership of TriplePoint Venture Growth BDC Corp is 1.46%, while institutional ownership is 14.07%. The most recent insider transaction that took place on Aug 13 ’24, was worth 170,676. In this transaction President of this company bought 24,083 shares at a rate of $7.09, taking the stock ownership to the 274,941 shares. Before that another transaction happened on Aug 12 ’24, when Company’s President bought 11,298 for $7.02, making the entire transaction worth $79,311. This insider now owns 250,858 shares in total.
TriplePoint Venture Growth BDC Corp (TPVG) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -13.01% per share during the next fiscal year.
TriplePoint Venture Growth BDC Corp (NYSE: TPVG) Trading Performance Indicators
TriplePoint Venture Growth BDC Corp (TPVG) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.27.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.82, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 1.15 in one year’s time.
Technical Analysis of TriplePoint Venture Growth BDC Corp (TPVG)
Compared to the last year’s volume of 0.29 million, its volume of 0.42 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 6.85%. Additionally, its Average True Range was 0.21.
During the past 100 days, TriplePoint Venture Growth BDC Corp’s (TPVG) raw stochastic average was set at 2.46%, which indicates a significant decrease from 4.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.04% in the past 14 days, which was higher than the 34.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.57, while its 200-day Moving Average is $7.61. Nevertheless, the first resistance level for the watch stands at $6.51 in the near term. At $6.89, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.12. If the price goes on to break the first support level at $5.90, it is likely to go to the next support level at $5.67. Now, if the price goes above the second support level, the third support stands at $5.29.
TriplePoint Venture Growth BDC Corp (NYSE: TPVG) Key Stats
Market capitalization of the company is 245.64 million based on 40,137K outstanding shares. Right now, sales total 108,650 K and income totals 32,050 K. The company made 25,750 K in profit during its latest quarter, and -7,180 K in sales during its previous quarter.
