Gladstone Capital Co. (NASDAQ:GLAD - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $26.65 and traded as high as $27.54. Gladstone Capital shares last traded at $27.33, with a volume of 88,166 shares traded.
Gladstone Capital Price Performance
The company has a debt-to-equity ratio of 0.13, a current ratio of 0.04 and a quick ratio of 0.04. The business's 50 day moving average price is $28.61 and its 200 day moving average price is $26.75. The stock has a market capitalization of $620.10 million, a P/E ratio of 6.79 and a beta of 1.25.
Gladstone Capital (NASDAQ:GLAD - Get Free Report) last announced its earnings results on Tuesday, February 11th. The investment management company reported $0.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.03). Gladstone Capital had a return on equity of 10.00% and a net margin of 106.59%. Sell-side analysts forecast that Gladstone Capital Co. will post 2.03 EPS for the current year.
Gladstone Capital Cuts Dividend
The business also recently disclosed a dividend, which was paid on Friday, January 31st. Stockholders of record on Monday, January 27th were paid a $0.165 dividend. The ex-dividend date was Friday, January 24th. This represents a dividend yield of 6.57%. Gladstone Capital's dividend payout ratio (DPR) is 48.41%.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in GLAD. Raymond James Financial Inc. bought a new stake in shares of Gladstone Capital during the 4th quarter valued at $840,000. Jane Street Group LLC purchased a new position in shares of Gladstone Capital in the third quarter valued at about $485,000. Atomi Financial Group Inc. bought a new position in shares of Gladstone Capital in the fourth quarter worth about $510,000. Fortress Financial Solutions LLC bought a new stake in Gladstone Capital during the 4th quarter valued at approximately $438,000. Finally, Ameriflex Group Inc. purchased a new stake in Gladstone Capital during the 4th quarter valued at approximately $406,000. Institutional investors own 10.72% of the company's stock.
Gladstone Capital Company Profile
(
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Gladstone Capital Corporation is a business development company specializing in lower middle market, growth capital, add on acquisitions, change of control, buy & build strategies, debt refinancing, debt investments in senior term loans, revolving loans, secured first and second lien term loans, senior subordinated loans, unitranche loans, junior subordinated loans, and mezzanine loans and equity investments in the form of common stock, preferred stock, limited liability company interests, or warrants.
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