16 hours Ago By Defense World Staff
Fidus Investment Co. ( NASDAQ:FDUS – Get Free Report ) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $19.
92 and traded as high as $20.76. Fidus Investment shares last traded at $20.
75, with a volume of 52,961 shares traded. Fidus Investment Trading Up 0.9 % The company’s 50 day moving average price is $20.
43 and its two-hundred day moving average price is $19.92. The firm has a market cap of $703.
74 million, a PE ratio of 7.41 and a beta of 1.39.
Fidus Investment ( NASDAQ:FDUS – Get Free Report ) last released its quarterly earnings results on Thursday, October 31st. The asset manager reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.
57 by $0.04. Fidus Investment had a return on equity of 12.
11% and a net margin of 60.09%. The business had revenue of $38.
38 million during the quarter, compared to analyst estimates of $36.43 million. During the same quarter in the previous year, the company posted $0.
68 earnings per share. Equities research analysts expect that Fidus Investment Co. will post 2.
28 earnings per share for the current fiscal year. Fidus Investment Increases Dividend Hedge Funds Weigh In On Fidus Investment A number of institutional investors and hedge funds have recently made changes to their positions in FDUS. Wetzel Investment Advisors Inc.
bought a new position in Fidus Investment during the 2nd quarter valued at about $32,000. McIlrath & Eck LLC purchased a new position in shares of Fidus Investment during the third quarter valued at approximately $59,000. Farther Finance Advisors LLC grew its stake in shares of Fidus Investment by 23.
6% during the third quarter. Farther Finance Advisors LLC now owns 7,467 shares of the asset manager’s stock valued at $146,000 after buying an additional 1,426 shares during the last quarter. Paloma Partners Management Co purchased a new stake in shares of Fidus Investment in the third quarter worth approximately $268,000.
Finally, Koss Olinger Consulting LLC bought a new stake in shares of Fidus Investment during the 2nd quarter worth approximately $335,000. 28.14% of the stock is owned by hedge funds and other institutional investors.
About Fidus Investment ( Get Free Report ) Fidus Investment Corporation is a business development company. It specializing in leveraged buyouts, refinancings, change of ownership transactions, recapitalizations, strategic acquisitions, mezzanine, growth capital, business expansion, lower middle market investments, debt investments, subordinated and second lien loans, senior secured and unitranche debt, preferred equity, warrants, subordinated debt, senior subordinated notes, junior secured loans, and unitranche loans. Featured Articles Five stocks we like better than Fidus Investment How to Use High Beta Stocks to Maximize Your Investing Profits Top 3 Reasons to Invest in This Bond ETF for Stability and Growth Stock Ratings and Recommendations: Understanding Analyst Ratings 2 Drone Stocks Surging from Increased Media Attention 3 REITs to Buy and Hold for the Long Term Ciena Rebounds: AI and Strong Guidance Drive Post-Earnings Surge Receive News & Ratings for Fidus Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidus Investment and related companies with MarketBeat.
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