Pennantpark Investment Stock Price on March 26, 2024
| PNNT Stock | USD 7.37 0.07 0.96% |
Below is the normalized historical share price chart for PennantPark Investment extending back to April 19, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of PennantPark Investment stands at 7.37, as last reported on the 19th of May, with the highest price reaching 7.39 and the lowest price hitting 7.30 during the day.
If you're considering investing in PennantPark Stock, it is important to understand the factors that can impact its price. PennantPark Investment appears to be not too volatile, given 3 months investment horizon. PennantPark Investment maintains Sharpe Ratio (i.e., Efficiency) of 0.23, which implies the firm had a 0.23% return per unit of risk over the last 3 months. We have found thirty technical indicators for PennantPark Investment, which you can use to evaluate the volatility of the company. Please evaluate PennantPark Investment's Semi Deviation of 0.6697, coefficient of variation of 420.54, and Risk Adjusted Performance of 0.1429 to confirm if our risk estimates are consistent with your expectations.
Total Stockholder Equity is likely to gain to about 602.9 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 61.6 K in 2024. . Price To Sales Ratio is likely to drop to 3.23 in 2024. Price Earnings Ratio is likely to gain to -13.87 in 2024. PennantPark Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of April 2007 | 200 Day MA 6.7142 | 50 Day MA 6.9656 | Beta 1.532 |
PennantPark |
Sharpe Ratio = 0.2278
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Estimated Market Risk
| 0.9 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average PennantPark Investment is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of PennantPark Investment by adding it to a well-diversified portfolio.
Price Book 0.8899 | Enterprise Value Ebitda 19.0683 | Price Sales 2.9664 | Dividend Share 0.8 | Wall Street Target Price 7.25 |
PennantPark Investment Valuation on March 26, 2024
It is possible to determine the worth of PennantPark Investment on a given historical date. On March 26, 2024 PennantPark was worth 6.71 at the beginning of the trading date compared to the closed value of 6.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of PennantPark Investment stock. Still, in general, we apply an absolute valuation method to find PennantPark Investment's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of PennantPark Investment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against PennantPark Investment's related companies.
| Open | High | Low | Close | Volume | |
| 6.67 | 6.75 | 6.56 | 6.56 | 218,660 | |
03/26/2024 | 6.71 | 6.75 | 6.62 | 6.62 | 208,795 |
| 6.75 | 6.82 | 6.69 | 6.69 | 286,135 |
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PennantPark Investment Trading Date Momentum on March 26, 2024
| On March 27 2024 PennantPark Investment was traded for 6.69 at the closing time. The top price for the day was 6.82 and the lowest listed price was 6.69 . The trading volume for the day was 286.1 K. The trading history from March 27, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 1.06% . The trading delta at closing time against the current closing price is 3.78% . |
PennantPark Investment Fundamentals Correlations and Trends
By evaluating PennantPark Investment's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among PennantPark Investment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. PennantPark financial account trend analysis is a perfect complement when working with valuation or volatility modules.About PennantPark Investment Stock history
PennantPark Investment investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for PennantPark is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in PennantPark Investment will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing PennantPark Investment stock prices may prove useful in developing a viable investing in PennantPark Investment
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 75 M | 60.9 M | |
| Net Loss | -30.4 M | -28.9 M |
PennantPark Investment Stock Technical Analysis
PennantPark Investment technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
PennantPark Investment Period Price Range
Low | March 26, 2024
| High |
6.71 | 6.62 |
PennantPark Investment May 19, 2024 Market Strength
Market strength indicators help investors to evaluate how PennantPark Investment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading PennantPark Investment shares will generate the highest return on investment. By undertsting and applying PennantPark Investment stock market strength indicators, traders can identify PennantPark Investment entry and exit signals to maximize returns
PennantPark Investment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for PennantPark Investment's price direction in advance. Along with the technical and fundamental analysis of PennantPark Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of PennantPark to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1429 | |||
| Jensen Alpha | 0.1363 | |||
| Total Risk Alpha | 0.0681 | |||
| Sortino Ratio | 0.1261 | |||
| Treynor Ratio | 0.2591 |
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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PennantPark Investment. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For more information on how to buy PennantPark Stock please use our How to Invest in PennantPark Investment guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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When running PennantPark Investment's price analysis, check to measure PennantPark Investment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PennantPark Investment is operating at the current time. Most of PennantPark Investment's value examination focuses on studying past and present price action to predict the probability of PennantPark Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PennantPark Investment's price. Additionally, you may evaluate how the addition of PennantPark Investment to your portfolios can decrease your overall portfolio volatility.
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Is PennantPark Investment's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PennantPark Investment. If investors know PennantPark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PennantPark Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.578 | Dividend Share 0.8 | Earnings Share 0.74 | Revenue Per Share 2.296 | Quarterly Revenue Growth 0.146 |
The market value of PennantPark Investment is measured differently than its book value, which is the value of PennantPark that is recorded on the company's balance sheet. Investors also form their own opinion of PennantPark Investment's value that differs from its market value or its book value, called intrinsic value, which is PennantPark Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PennantPark Investment's market value can be influenced by many factors that don't directly affect PennantPark Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PennantPark Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if PennantPark Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PennantPark Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.