Portman Ridge Finance (NASDAQ:PTMN - Get Free Report) will likely be announcing its earnings results after the market closes on Thursday, March 13th. Analysts expect the company to announce earnings of $0.68 per share and revenue of $15.14 million for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.
Portman Ridge Finance Trading Up 0.1 %
Shares of PTMN traded up $0.01 on Friday, hitting $17.01. 24,014 shares of the stock traded hands, compared to its average volume of 34,296. The company has a quick ratio of 3.14, a current ratio of 3.14 and a debt-to-equity ratio of 1.41. The firm has a market capitalization of $156.71 million, a P/E ratio of 45.97 and a beta of 1.02. The stock's 50 day moving average is $16.83 and its two-hundred day moving average is $17.49. Portman Ridge Finance has a 1 year low of $15.94 and a 1 year high of $20.84.
Analyst Upgrades and Downgrades
Separately, Keefe, Bruyette & Woods dropped their price objective on shares of Portman Ridge Finance from $19.00 to $18.00 and set a "market perform" rating for the company in a research report on Thursday, November 14th.
Get Our Latest Analysis on PTMN
About Portman Ridge Finance
(
Get Free Report)
Portman Ridge Finance Corporation is a business development company specializing in investments in unitranche loans (including last out), first lien loans, second lien loans, subordinated debt, equity co-investment, mezzanine, buyout in middle market companies. It also makes acquisitions in businesses complementary to the firm's business.
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