PennantPark Floating Rate Capital Ltd (NYSE: PFLT) is -5.45% lower on its value in year-to-date trading and has touched a low of $9.69 and a high of $12.63 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PFLT stock was last observed hovering at around $11.51 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $11.44, the stock is 0.40% and 0.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing -0.61% at the moment leaves the stock 2.74% off its SMA200. PFLT registered 3.91% gain for a year compared to 6-month gain of 6.82%.
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The stock witnessed a 2.51% loss in the last 1 month and extending the period to 3 months gives it a -0.17%, and is -0.52% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.42% over the week and 1.43% over the month.
Current P/E ratio is 7.43 and Fwd P/E is 9.15. Distance from 52-week low is 18.06% and -9.42% from its 52-week high.
with sales reaching $42.23M over the same period.The EPS is expected to shrink by -3.00% this year, but quarterly earnings will post 43.50% year-over-year.
PennantPark Floating Rate Capital Ltd (PFLT) Top Institutional Holders
The shares outstanding are 66.73M, and float is at 65.91M with Short Float at 1.46%.
