Stock Rating Upgrade
During the last several trading days the Value Trend Rating for MidCap Financial Investment Corp (NASDAQ: MFIC) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
MidCap Financial Investment Corp (NASDAQ: MFIC) stock closed at $14.90 on 4/8/24 after a modest gain of 0.5%. However, exceptionally low trading volume at 49% of normal accompanied the advance. The stock has declined -0.9% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
MFIC is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
MidCap Financial Investment has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. MidCap Financial Investment has a slightly positive Appreciation Score of 60 and a slightly positive Power Rating of 69, with the Positive Value Trend Rating the result.
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