Pennantpark Floating Rate Stock Price on October 15, 2024

PFLT Stock  USD 10.86  0.14  1.31%   
Below is the normalized historical share price chart for PennantPark Floating Rate extending back to April 08, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of PennantPark Floating stands at 10.86, as last reported on the 25th of December, with the highest price reaching 10.86 and the lowest price hitting 10.74 during the day.
IPO Date
8th of April 2011
200 Day MA
11.3152
50 Day MA
11.2
Beta
1.675
 
Yuan Drop
 
Covid
If you're considering investing in PennantPark Stock, it is important to understand the factors that can impact its price. PennantPark Floating Rate maintains Sharpe Ratio (i.e., Efficiency) of -0.039, which implies the firm had a -0.039% return per unit of risk over the last 3 months. PennantPark Floating Rate exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PennantPark Floating's Risk Adjusted Performance of (0.04), coefficient of variation of (1,920), and Variance of 0.7278 to confirm the risk estimate we provide.
  
At this time, PennantPark Floating's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 81.9 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 33.3 M in 2024. . At this time, PennantPark Floating's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 12.55 in 2024, whereas Price To Free Cash Flows Ratio is likely to drop (1.00) in 2024. PennantPark Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.039

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Estimated Market Risk

 0.87
  actual daily
7
93% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average PennantPark Floating is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PennantPark Floating by adding PennantPark Floating to a well-diversified portfolio.
Price Book
1.017
Enterprise Value Ebitda
26.0112
Price Sales
5.3566
Wall Street Target Price
11.6667
Earnings Share
1.4

Related Headline

Gladstone Investment Headline on 15th of October 2024

Stock Analysts downgrades for Tuesday, October 15th American International Group was downgraded by analysts at BMO Capital Markets from an outperform rating to a market perform rating. They currently have 84.00 price target on the stock, down from their previous price target of 90.00. AppFolio was downgraded by analysts at Keefe, Bruyette

PennantPark Floating Valuation on October 15, 2024

It is possible to determine the worth of PennantPark Floating on a given historical date. On October 15, 2024 PennantPark was worth 11.48 at the beginning of the trading date compared to the closed value of 11.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PennantPark Floating stock. Still, in general, we apply an absolute valuation method to find PennantPark Floating's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of PennantPark Floating where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PennantPark Floating's related companies.
 Open High Low Close Volume
  11.38    11.44    11.36    11.42    765,345  
10/15/2024
  11.48    11.54    11.44    11.48    866,676  
  11.50    11.60    11.48    11.49    619,760  
Backtest PennantPark Floating  |  PennantPark Floating History  |  PennantPark Floating Valuation   PreviousNext  
Open Value
11.48
11.48
Closing Value
14.08
Upside

PennantPark Floating Trading Date Momentum on October 15, 2024

On October 16 2024 PennantPark Floating Rate was traded for  11.49  at the closing time. The top price for the day was 11.60  and the lowest listed price was  11.48 . The trading volume for the day was 619.8 K. The trading history from October 16, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 0.09% . The trading delta at closing time against the current closing price is 0.87% .

PennantPark Floating Rate Fundamentals Correlations and Trends

By evaluating PennantPark Floating's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PennantPark Floating's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PennantPark financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About PennantPark Floating Stock history

PennantPark Floating investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for PennantPark is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PennantPark Floating Rate will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing PennantPark Floating stock prices may prove useful in developing a viable investing in PennantPark Floating
Last ReportedProjected for Next Year
Common Stock Shares Outstanding65.7 M33.3 M
Net Income Applicable To Common Shares45.2 M26.5 M

PennantPark Floating Stock Technical Analysis

PennantPark Floating technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of PennantPark Floating technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of PennantPark Floating trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

PennantPark Floating Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

PennantPark Floating Rate cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

PennantPark Floating December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how PennantPark Floating stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PennantPark Floating shares will generate the highest return on investment. By undertsting and applying PennantPark Floating stock market strength indicators, traders can identify PennantPark Floating Rate entry and exit signals to maximize returns

PennantPark Floating Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for PennantPark Floating's price direction in advance. Along with the technical and fundamental analysis of PennantPark Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PennantPark to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for PennantPark Stock Analysis

When running PennantPark Floating's price analysis, check to measure PennantPark Floating's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PennantPark Floating is operating at the current time. Most of PennantPark Floating's value examination focuses on studying past and present price action to predict the probability of PennantPark Floating's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennantPark Floating's price. Additionally, you may evaluate how the addition of PennantPark Floating to your portfolios can decrease your overall portfolio volatility.