Runway Growth Finance (NASDAQ:RWAY - Get Free Report) is expected to be announcing its earnings results before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of $0.41 per share for the quarter. Investors interested in registering for the company's conference call can do so using this link.
Runway Growth Finance Price Performance
Shares of Runway Growth Finance stock traded up $0.17 during midday trading on Friday, hitting $11.51. 212,275 shares of the company traded hands, compared to its average volume of 224,440. The firm's fifty day moving average price is $11.28 and its 200-day moving average price is $10.72. The stock has a market cap of $429.86 million, a price-to-earnings ratio of 11.07 and a beta of 0.59. Runway Growth Finance has a 12 month low of $9.87 and a 12 month high of $13.60. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.36 and a current ratio of 0.36.
Wall Street Analysts Forecast Growth
RWAY has been the subject of several research analyst reports. JPMorgan Chase & Co. upped their price target on shares of Runway Growth Finance from $10.50 to $11.00 and gave the stock a "neutral" rating in a report on Monday, February 3rd. Wells Fargo & Company upped their target price on Runway Growth Finance from $11.00 to $12.00 and gave the stock an "overweight" rating in a report on Wednesday, January 29th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $12.04.
Read Our Latest Report on Runway Growth Finance
Runway Growth Finance Company Profile
(
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Runway Growth Finance Corp. is a business development company specializing investments in senior-secured loans to late stage and growth companies. It prefers to make investments in companies engaged in the technology, life sciences, healthcare and information services, business services and select consumer services and products sectors.
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