Investcorp Credit Management BDC (NASDAQ: ICMB) has recently enjoyed extremely important positive changes in investment behavior: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
Significant positive changes in fundamentals have recently occurred for Investcorp Credit Management BDC (NASDAQ: ICMB): significant quarterly earnings acceleration occurred, and the consensus estimate for June, 2025 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, ICMB is expected to continue to be a modest Value Builder.
Investcorp Credit Management BDC has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Investcorp Credit Management BDC has a slightly positive Appreciation Score of 66 but a slightly negative Power Rating of 31, resulting in the Neutral Value Trend Rating.
Recent Price Action
On 6/14/24, Investcorp Credit Management BDC (NASDAQ: ICMB) stock enjoyed a very large increase of 9.2%, closing at $3.55. Moreover, this advance was accompanied by exceptionally high trading volume at 496% of normal. The stock has risen 9.2% during the last week but has been weak relative to the market over the last nine months.
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