PennantPark Investment Corporation Shares Approach 52-Week High - Market Mover

The shares closed 1.6% below its 52-week high of $6.10, with trading volume lower than its 30 day average

Mar 12, 2021 by Kwhen Finance Editors

PennantPark Investment Corporation Shares Approach 52-Week High - Market Mover
PennantPark Investment Corporation shares closed today at 1.6% below its 52 week high of $6.10, giving the company a market cap of $402M. The stock is currently up 32.8% year-to-date, up 124.3% over the past 12 months, and up 78.9% over the past five years. This week, the Dow Jones Industrial Average rose 3.7%, and the S&P 500 rose 3.8%.

Trading Activity

  • Trading volume this week was 34.6% higher than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.5.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
  • MACD, a trend-following momentum indicator, indicates an upward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis
  • The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
PennantPark Investment Corporation-1.432.8124.3
Dow Jones Industrial Average-0.48.245.2-0.184.4
S&P 500 Index-0.16.049.90.184.2
Financials-0.714.242.3-0.790.1

Peer Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by 611.1%
  • The company's stock price performance over the past 12 months beats the peer average by 513.0%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
PennantPark Investment CorporationPNNT032.8124.3
Peer AvgN/A66.94.620.3-0.189.8
Orchid Island Capital Inc.ORC267.718.481.1-0.3359.1

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