On Tuesday, PennantPark Investment Corporation (NYSE: PNNT) opened lower -5.63% from the last session, before settling in for the closing price of $6.39. Price fluctuations for PNNT have ranged from $5.72 to $7.53 over the past 52 weeks.
Company’s average yearly earnings per share was noted -7.65% at the time writing. With a float of $65.02 million, this company’s outstanding shares have now reached $65.30 million.
PennantPark Investment Corporation (PNNT) 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 PennantPark Investment Corporation is 0.43%, while institutional ownership is 19.39%. The most recent insider transaction that took place on May 21 ’25, was worth 9,985. In this transaction Director of this company bought 1,515 shares at a rate of $6.59, taking the stock ownership to the 270,487 shares. Before that another transaction happened on May 14 ’25, when Company’s Director bought 3,640 for $6.88, making the entire transaction worth $25,043. This insider now owns 268,972 shares in total.
PennantPark Investment Corporation (PNNT) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted 0.2 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.21) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -7.65% per share during the next fiscal year.
PennantPark Investment Corporation (NYSE: PNNT) Trading Performance Indicators
Check out the current performance indicators for PennantPark Investment Corporation (PNNT). In the past quarter, the stock posted a quick ratio of 0.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.63. Likewise, its price to free cash flow for the trailing twelve months is 5.95.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.50, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.62 in one year’s time.
Technical Analysis of PennantPark Investment Corporation (PNNT)
Analysing the last 5-days average volume posted by the [PennantPark Investment Corporation, PNNT], we can find that recorded value of 0.95 million was better than the volume posted last year of 0.5 million. As of the previous 9 days, the stock’s Stochastic %D was 43.98%.
During the past 100 days, PennantPark Investment Corporation’s (PNNT) raw stochastic average was set at 15.73%, which indicates a significant decrease from 33.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.15 in the past 14 days, which was higher than the 0.12 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.52, while its 200-day Moving Average is $6.82. Now, the first resistance to watch is $6.16. This is followed by the second major resistance level at $6.28. The third major resistance level sits at $6.49. If the price goes on to break the first support level at $5.83, it is likely to go to the next support level at $5.62. Should the price break the second support level, the third support level stands at $5.50.
PennantPark Investment Corporation (NYSE: PNNT) Key Stats
There are currently 65,296K shares outstanding in the company with a market cap of 393.74 million. Presently, the company’s annual sales total 143,820 K according to its annual income of 48,850 K. Last quarter, the company’s sales amounted to 29,560 K and its income totaled 8,150 K.
