Runway Growth Finance (NASDAQ:RWAY - Get Free Report) is anticipated to announce its earnings results after the market closes on Thursday, March 20th. Analysts expect the company to announce earnings of $0.41 per share and revenue of $36.10 million for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.
Runway Growth Finance Stock Down 2.3 %
Shares of RWAY traded down $0.25 on Thursday, reaching $10.82. The company's stock had a trading volume of 250,945 shares, compared to its average volume of 312,438. Runway Growth Finance has a twelve month low of $9.87 and a twelve month high of $13.50. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 1.07. The firm has a fifty day moving average of $11.33 and a 200-day moving average of $10.75. The stock has a market capitalization of $404.09 million, a PE ratio of 10.40 and a beta of 0.59.
Analysts Set New Price Targets
RWAY has been the subject of several recent analyst reports. Wells Fargo & Company upped their target price on shares of Runway Growth Finance from $11.00 to $12.00 and gave the stock an "overweight" rating in a research note on Wednesday, January 29th. JPMorgan Chase & Co. boosted their price objective on shares of Runway Growth Finance from $10.50 to $11.00 and gave the company a "neutral" rating in a research note on Monday, February 3rd. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Runway Growth Finance presently has an average rating of "Moderate Buy" and an average price target of $12.04.
Read Our Latest Stock Report on RWAY
About Runway Growth Finance
(
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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.
Further Reading
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