MidCap Financial Investment Corporation (NASDAQ: MFIC) is -1.01% lower on its value in year-to-date trading and has touched a low of $12.26 and a high of $16.12 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 MFIC stock was last observed hovering at around $13.32 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $13.34, the stock is -2.66% and -3.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.77 million and changing 0.15% at the moment leaves the stock -6.80% off its SMA200. MFIC registered -0.20% loss for a year compared to 6-month loss of -9.23%. The firm has a 50-day simple moving average (SMA 50) of $13.8254 and a 200-day simple moving average (SMA200) of $14.48965.
The stock witnessed a -3.89% gain in the last 1 month and extending the period to 3 months gives it a -11.02%, and is -2.84% 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 1.63% over the week and 1.39% over the month.
Current P/E ratio is 7.82 and Fwd P/E is 8.17. Profit margin for the company is 40.10%. Distance from 52-week low is 8.81% and -17.25% from its 52-week high. The company has generated returns on investments over the last 12 months (4.70%).
The EPS is expected to grow by 411.80% this year
153.0 institutions hold shares in MidCap Financial Investment Corporation (MFIC), with institutional investors hold 21.16% of the company’s shares. The shares outstanding are 93.78M, and float is at 93.04M with Short Float at 0.58%. Institutions hold 21.00% of the Float.
MidCap Financial Investment Corporation (MFIC) Insider Activity
The most recent transaction is an insider purchase by PEARLMAN EMANUEL R, the company’s Director. SEC filings show that PEARLMAN EMANUEL R bought 1,000 shares of the company’s common stock on Aug 12 ’24 at a price of $12.98 per share for a total of $12980.0. Following the purchase, the insider now owns 1000.0 shares.
