On Tuesday, PennantPark Floating Rate Capital Ltd (NYSE: PFLT) opened at On Tuesday, remained unchanged from the last session, before settling in for the closing price of $9.63. Price fluctuations for PFLT have ranged from $8.82 to $12.02 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 12.06% at the time writing. With a float of $87.10 million, this company’s outstanding shares have now reached $87.96 million.
In terms of profitability, gross margin is 109.23%, operating margin of 18.54%, and the pretax margin is 61.64%.
PennantPark Floating Rate Capital Ltd (PFLT) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Asset Management industry is another important factor to consider. The insider ownership of PennantPark Floating Rate Capital Ltd is 0.96%, while institutional ownership is 21.76%. The most recent insider transaction that took place on Jun 05 ’24, was worth 19,892. In this transaction Director of this company bought 1,745 shares at a rate of $11.40, taking the stock ownership to the 319,598 shares. Before that another transaction happened on May 30 ’24, when Company’s CFO and Treasurer bought 10,000 for $11.30, making the entire transaction worth $113,000. This insider now owns 10,000 shares in total.
PennantPark Floating Rate Capital Ltd (PFLT) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.06% per share during the next fiscal year.
PennantPark Floating Rate Capital Ltd (NYSE: PFLT) Trading Performance Indicators
Check out the current performance indicators for PennantPark Floating Rate Capital Ltd (PFLT). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.37, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 1.30 in one year’s time.
Technical Analysis of PennantPark Floating Rate Capital Ltd (PFLT)
The latest stats from [PennantPark Floating Rate Capital Ltd, PFLT] show that its last 5-days average volume of 1.63 million was superior to 1.48 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 32.58%. Additionally, its Average True Range was 0.34.
During the past 100 days, PennantPark Floating Rate Capital Ltd’s (PFLT) raw stochastic average was set at 30.22%, which indicates a significant decrease from 30.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.36% in the past 14 days, which was higher than the 25.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.92, while its 200-day Moving Average is $11.18. Now, the first resistance to watch is $9.72. This is followed by the second major resistance level at $9.80. The third major resistance level sits at $9.89. If the price goes on to break the first support level at $9.55, it is likely to go to the next support level at $9.46. The third support level lies at $9.38 if the price breaches the second support level.
PennantPark Floating Rate Capital Ltd (NYSE: PFLT) Key Stats
There are currently 87,956K shares outstanding in the company with a market cap of 847.02 million. Presently, the company’s annual sales total 186,360 K according to its annual income of 91,840 K. Last quarter, the company’s sales amounted to 67,010 K and its income totaled 28,330 K.
