Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB – Get Rating)’s share price was down 2.2% during trading on Monday . The stock traded as low as $3.68 and last traded at $3.71. Approximately 24,071 shares changed hands during mid-day trading, an increase of 84% from the average daily volume of 13,077 shares. The stock had previously closed at $3.80.
Investcorp Credit Management BDC Trading Down 2.2 %
The stock has a market capitalization of $53.38 million, a PE ratio of 53.00 and a beta of 1.81. The firm has a 50 day moving average price of $3.78 and a 200 day moving average price of $4.08. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 1.64.
Investcorp Credit Management BDC (NASDAQ:ICMB – Get Rating) last issued its quarterly earnings data on Monday, November 14th. The company reported $0.16 EPS for the quarter, hitting the consensus estimate of $0.16. The firm had revenue of $6.30 million during the quarter, compared to the consensus estimate of $6.16 million. Investcorp Credit Management BDC had a return on equity of 9.20% and a net margin of 3.95%. Equities analysts expect that Investcorp Credit Management BDC, Inc. will post 0.65 EPS for the current fiscal year.
Investcorp Credit Management BDC Announces Dividend
Hedge Funds Weigh In On Investcorp Credit Management BDC
Several institutional investors have recently modified their holdings of the business. Virtu Financial LLC bought a new position in shares of Investcorp Credit Management BDC in the third quarter valued at approximately $40,000. Raymond James Financial Services Advisors Inc. grew its holdings in Investcorp Credit Management BDC by 29.0% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 50,321 shares of the company’s stock valued at $180,000 after purchasing an additional 11,312 shares during the period. Finally, LPL Financial LLC grew its holdings in Investcorp Credit Management BDC by 601.9% during the second quarter. LPL Financial LLC now owns 90,471 shares of the company’s stock valued at $384,000 after purchasing an additional 77,581 shares during the period. 12.41% of the stock is owned by institutional investors.
About Investcorp Credit Management BDC
Investcorp Credit Management BDC, Inc is a business development company specializing in loan, mezzanine, middle market, growth capital, acquisitions, market/product expansion, organic growth, refinancings and recapitalization investments. It also selectively invests in mezzanine loans/structured equity and in the equity of portfolio companies through warrants and other instruments, in most cases taking such upside participation interests as part of a broader investment relationship.
- Get a free copy of the StockNews.com research report on Investcorp Credit Management BDC (ICMB)
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