Gladstone Investment Corporation (NASDAQ:GAIN) changes shares on Monday trading session, with a change of 0.33% or $0.03 shares. The trading starts at $9.21 and closed at $9.21 throughout the day. The trading session low price was $9.12 and day high was $9.40 on Monday, August 03. After the session, the Financial sector daily volume shifted to 0.25 million while its average volume is 245.66K. In other hand, the GAIN market cap reached to $306.81M. While, its current target price is $9.80.
On May 15, 2018, BRIEF-Gladstone Investment Reports Quarter-Ended Net Asset Value Per Common Share $10.85. According to the news reported on Reuters, * GLADSTONE INVESTMENT CORPORATION REPORTS FINANCIAL RESULTS FOR ITS FOURTH QUARTER AND FISCAL YEAR ENDED MARCH 31, 2018
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -7.18% and down -8.24% for month. Its quarterly performance was -10.01% below, while its half year performance is down -29.55%. GAIN yearly performance stood at negative -16.71% and fall -29.71% for year-to-date. Current recommendation for Gladstone Investment Corporation is 3.00.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. GAIN EPS (TTM) for 12-month is -0.40. EPS for this year is -48.60%, while for the next year its value is 0.71. Its EPS Q/Q reached -99.40%. It has an EPS of 3.18% up for past five years and for the next five years will be up 7.00%.
Let’s take a look on the analyst recommendations on GAIN for the current month and previous month. For the current month, 0 of 5 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 5 as Hold. As compared with the previous month ratings, 4 analysts participate in stock recommendation. Out of 4, 0 rated it sell, 0 rated it as Buy and 4 as Hold Ratings. On the other hand, target price ranges from $8.00 – $10.00. Average target price for GAIN was reached at $9.31.
Van Eck Associates Corporation, Advisor Group, Inc. and Davenport & Company LLC/Va are the top three holders in Gladstone Investment Corporation (GAIN) stock. On Mar 30, 2020, Van Eck Associates Corporation has 0.41 million shares which valued 3.18 million. On Mar 30, 2020, Advisor Group, Inc. owned 0.34 million shares which valued at 2.64 million. On Jun 29, 2020, Davenport & Company LLC/Va has a total of 0.27 million shares which valued at 2.8 million. In the end, Davenport & Company LLC/Va have 0.82% shares outstanding of Gladstone Investment Corporation (GAIN) on Jun 29, 2020. The insider ownership moved to 2.21% and institutional holding shifted to 16.26%.
The company posted an EPS (TTM) of -0.40. According to the most recent quarter report on (Sep 2020), 5 analysts estimated an average EPS of 0.15, while 0.2 EPS posted a year ago period. Analyst Estimated EPS for GAIN published in the report was $0.13 – $0.19 during the same period. Comparing with last year, the average estimated EPS was 0.2 which is higher than 0.13 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for GAIN fall -20.13% for period of 200 days. SMA for 50 days was -10.76% which is showing red signal, while SMA-20 was -5.80%. The moving average value for Gladstone Investment Corporation (GAIN) is 10.71 and 10.06 for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in GAIN stock. On Mar 23, DULLUM DAVID A R, President, bought 2,500 trading shares at the cost of $6.80, which valued at 17000.0. On Mar 23, BRUBAKER TERRY LEE, Chief Operating Officer, bought 2,500 shares at the cost of $6.83, with total shares of 16,233. On Mar 20, RYAN JULIA, Chief Financial Officer, bought 2,500 shares at the cost of 8.18. After this transaction, RYAN JULIA total shares reached to 4,000 which valued at 20438.0.