After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
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Stocks Info
The company is listed on the NYSE and operates within the Asset Management industry segment. The current market capitalization of PennantPark Floating Rate Capital Ltd is $773.26M. A total of 0.71 million shares were traded on the day, compared to an average of 872.08K shares.
In the most recent transaction, Briones Jose A bought 1,745 shares of PFLT for 11.40 per share on Jun 05 ’24. After the transaction, the Director now owns 319,598 company shares. In a previous transaction on May 30 ’24, Allorto Richard T JR bought 10,000 shares at 11.30 per share. PFLT shares that CFO and Treasurer owns now total 10,000.
Among the insiders who bought shares, Briones Jose A acquired of 885 shares on May 28 ’24 at a per-share price of $11.33. This resulted in the Director holding 317,738 shares of PFLT after the transaction. In another insider transaction, Briones Jose A bought 1,740 shares at $11.48 per share on May 13 ’24. Company shares held by the Director now total 316,853.
Dividend
The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. PennantPark Floating Rate Capital Ltd pays an annual dividend of $1.23, resulting in a dividend yield of 11.45%, and it has a price to earnings (P/E) ratio of 6.97.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, PFLT has a high of $12.63 and a low of $9.69.
As of this writing, PFLT has an earnings estimate of $0.32 per share for the current quarter. EPS was calculated based on a consensus of 7.0 estimates, with a high estimate of $0.34 per share and a lower estimate of $0.31.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. PFLT’s latest balance sheet shows that the firm has $63.34M in Cash & Short Term Investments as of fiscal 2019. There were $652.63M in debt and $289.76M in liabilities at the time. Its Book Value Per Share was $11.40, while its Total Shareholder’s Equity was $490.61M.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PFLT is Buy with a score of 3.67.
