Stock Rating Downgrade
The Value Trend Rating for Gladstone Investment Corporation (NASDAQ: GAIN) weakened of late 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 Investment Corporation (NASDAQ: GAIN) stock rose modestly by 0.6% on 4/19/24. The stock closed at $14.04. However, below average trading volume at 68% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
GAIN is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Gladstone Investment has a current Value Trend Rating of C (High Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Gladstone Investment has a slightly positive Appreciation Score of 60 and a slightly positive Power Rating of 64, with the High Neutral Value Trend Rating the result.
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