SLR Investment Corp (NASDAQ: SLRC) is 0.31% higher on its value in year-to-date trading and has touched a low of $13.64 and a high of $17.94 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SLRC stock was last observed hovering at around $16.23 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $16.21, the stock is -2.44% and 1.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing -0.12% at the moment leaves the stock 0.05% off its SMA200. SLRC registered 1.44% gain for a year compared to 6-month gain of -1.46%.
The stock witnessed a -3.28% loss in the last 1 month and extending the period to 3 months gives it a -5.04%, and is -4.59% 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 1.74% over the week and 1.17% over the month.
Current P/E ratio is 10.01 and Fwd P/E is 9.94. Distance from 52-week low is 18.84% and -9.64% from its 52-week high.
with sales reaching $53.38M over the same period.The EPS is expected to shrink by -7.46% this year, but quarterly earnings will post -8.08% year-over-year. Quarterly sales are estimated to shrink -9.49% in year-over-year returns.
The shares outstanding are 54.55M, and float is at 51.64M with Short Float at 0.37%.
The top institutional shareholder in the company is THORNBURG INVESTMENT MANAGEMENT INC with over 4.34 million shares valued at $69.81 million. The investor’s holdings represent 7.9528 of the SLRC Shares outstanding. As of 2024-06-30, the second largest holder is ARISTOTLE CAPITAL BOSTON, LLC with 1.45 million shares valued at $23.35 million to account for 2.6603 of the shares outstanding. The other top investors are ARES MANAGEMENT LLC which holds 1.43 million shares representing 2.62 and valued at over $23.0 million, while JPMORGAN CHASE & CO holds 2.4414 of the shares totaling 1.33 million with a market value of $21.43 million.
