Stock Rating Downgrade
The Value Trend Rating for Gladstone Capital Corp (NASDAQ: GLAD) weakened in recent days from B to C reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
Gladstone Capital Corp (NASDAQ: GLAD) stock increased 1.3% on 4/8/24. The shares closed at $20.12. Moreover, trading volume in this advance was unusually high at 189% of normal. The stock has performed in line with the market over the last nine months and has risen 87.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, GLAD is expected to continue to be a major Value Builder.
Gladstone Capital has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Gladstone Capital has a neutral Appreciation Score of 41 and a slightly positive Power Rating of 65, triggering the Neutral Value Trend Rating.
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