Stock Rating Upgrade
The Value Trend Rating for MidCap Financial Investment Corp (NASDAQ: MFIC) improved of late from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
MidCap Financial Investment Corp (NASDAQ: MFIC) stock increased 1.1% on 5/10/24. The shares closed at $15.57. However, trading volume in this advance was below average at 81% of normal. The stock has been strong relative to the market over the last nine months and has risen 2.4% 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 B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. MidCap Financial Investment has a neutral Appreciation Score of 59 and a slightly positive Power Rating of 64, and the Positive Value Trend Rating results.
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