PennantPark Investment Corporation (PNNT) concluded trading on Thursday at a closing price of $6.32, with 0.45 million shares of worth about $2.87 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -9.71% during that period and on April 17, 2025 the price saw a gain of about 1.94%. Currently the company’s common shares owned by public are about 65.30M shares, out of which, 63.09M shares are available for trading.
Stock saw a price change of 0.80% in past 5 days and over the past one month there was a price change of -10.73%. Year-to-date (YTD), PNNT shares are showing a performance of -10.73% which decreased to -7.06% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.72 but also hit the highest price of $8.04 during that period. The average intraday trading volume for PennantPark Investment Corporation shares is 565.81K. The stock is currently trading -5.23% below its 20-day simple moving average (SMA20), while that difference is down -8.99% for SMA50 and it goes to -9.86% lower than SMA200.
PennantPark Investment Corporation (NYSE: PNNT) currently have 65.30M outstanding shares and institutions hold larger chunk of about 24.21% of that.
The stock has a current market capitalization of $412.67M and its 3Y-monthly beta is at 1.08. PE ratio of stock for trailing 12 months is 7.52, while it has posted earnings per share of $0.84 in the same period. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PNNT, volatility over the week remained 3.30% while standing at 3.56% over the month.
Stock’s fiscal year EPS is expected to drop by -15.48% while it is estimated to increase by 2.47% in next year.
Coverage by Compass Point stated PennantPark Investment Corporation (PNNT) stock as a Neutral in their note to investors on September 09, 2024, suggesting a price target of $6 for the stock. Stock get a Neutral rating from Compass Point on August 15, 2023.
