On Friday, TriplePoint Venture Growth BDC Corp (NYSE: TPVG) opened lower -1.84% from the last session, before settling in for the closing price of $5.98. Price fluctuations for TPVG have ranged from $5.53 to $9.73 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -13.19% at the time writing. 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 75.33%, and the pretax margin is 62.04%.
TriplePoint Venture Growth BDC Corp (TPVG) Insider Activity
A key investor’s attitude towards the stock of the Asset Management industry is another important factor to consider. The insider ownership of TriplePoint Venture Growth BDC Corp is 1.46%, while institutional ownership is 14.03%. 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) Earnings and Forecasts
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 -13.19% per share during the next fiscal year.
TriplePoint Venture Growth BDC Corp (NYSE: TPVG) Trading Performance Indicators
Check out the current performance indicators for TriplePoint Venture Growth BDC Corp (TPVG). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.18.
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 1.13 in one year’s time.
Technical Analysis of TriplePoint Venture Growth BDC Corp (TPVG)
Compared to the last year’s volume of 0.31 million, its volume of 0.56 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 30.41%. Additionally, its Average True Range was 0.29.
During the past 100 days, TriplePoint Venture Growth BDC Corp’s (TPVG) raw stochastic average was set at 11.45%, which indicates a significant decrease from 20.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 58.08% in the past 14 days, which was higher than the 37.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.37, while its 200-day Moving Average is $7.55. Nevertheless, the first resistance level for the watch stands at $5.99 in the near term. At $6.11, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.23. If the price goes on to break the first support level at $5.75, it is likely to go to the next support level at $5.63. Should the price break the second support level, the third support level stands at $5.51.
TriplePoint Venture Growth BDC Corp (NYSE: TPVG) Key Stats
There are currently 40,137K shares outstanding in the company with a market cap of 235.61 million. Presently, the company’s annual sales total 108,650 K according to its annual income of 32,050 K. Last quarter, the company’s sales amounted to 25,750 K and its income totaled -7,180 K.
