Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for MidCap Financial Investment Corp (NASDAQ: MFIC) weakened during the last several trading days. MFIC’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 6/7/24, MidCap Financial Investment Corp (NASDAQ: MFIC) stock rose modestly by 0.4%, closing at $16.23. This advance was accompanied by normal trading volume. Relative to the market the stock has been strong over the last nine months and has risen 3.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, MFIC is expected to continue to be a Value Builder.
MidCap Financial 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. MidCap Financial Investment has a neutral Appreciation Score of 57 and a neutral Power Rating of 59, leading to the High Neutral Value Trend Rating.
Be the first to comment