Stock Rating Downgrade
The Value Trend Rating for Gladstone Investment Corporation (NASDAQ: GAIN) weakened recently from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
On 9/20/24, Gladstone Investment Corporation (NASDAQ: GAIN) stock declined modestly by -1.2%, closing at $13.47. Moreover, this decline was accompanied by unusually high trading volume at 193% of normal. Relative to the market the stock has been weak over the last nine months but has risen 6.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, GAIN is expected to be a modest Value Builder.
Gladstone Investment has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Gladstone Investment has a neutral Appreciation Score of 55 but a poor Power Rating of 29, producing the Negative Value Trend Rating.
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