For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Carlyle Secured Lending Inc (NASDAQ: CGBD) closed the day trading at $14.20 down -3.47% from the previous closing price of $14.71. In other words, the price has decreased by -$3.47 from its previous closing price. On the day, 0.54 million shares were traded. CGBD stock price reached its highest trading level at $14.7 during the session, while it also had its lowest trading level at $13.9.
Ratios:
For a better understanding of CGBD, let’s look at its different ratios.
On July 29, 2024, JP Morgan Downgraded its rating to Underweight which previously was Neutral but kept the price unchanged to $17.
On July 28, 2023, B. Riley Securities started tracking the stock assigning a Neutral rating and target price of $16.B. Riley Securities initiated its Neutral rating on July 28, 2023, with a $16 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 22 ’24 when Jenkins Mark David bought 3,801 shares for $16.79 per share. The transaction valued at 63,819 led to the insider holds 98,320 shares of the business.
Jenkins Mark David bought 35,000 shares of CGBD for $582,400 on Nov 12 ’24. The Director now owns 94,519 shares after completing the transaction at $16.64 per share. On Nov 11 ’24, another insider, Jenkins Mark David, who serves as the Director of the company, bought 30,000 shares for $16.50 each. As a result, the insider paid 495,000 and bolstered with 59,519 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CGBD now has a Market Capitalization of 1035135936 and an Enterprise Value of 1740623360. As of this moment, Carlyle’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.99, and their Forward P/E ratio for the next fiscal year is 8.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.45 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 7.484.
Stock Price History:
The Beta on a monthly basis for CGBD is 0.98, which has changed by -0.1282996 over the last 52 weeks, in comparison to a change of 0.028231144 over the same period for the S&P500. Over the past 52 weeks, CGBD has reached a high of $18.61, while it has fallen to a 52-week low of $13.12. The 50-Day Moving Average of the stock is -16.51%, while the 200-Day Moving Average is calculated to be -17.58%.
Shares Statistics:
Over the past 3-months, CGBD traded about 263.55K shares per day on average, while over the past 10 days, CGBD traded about 565820 shares per day. A total of 72.90M shares are outstanding, with a floating share count of 72.37M. Insiders hold about 0.60% of the company’s shares, while institutions hold 19.13% stake in the company. Shares short for CGBD as of 1741910400 were 344459 with a Short Ratio of 1.43, compared to 1739491200 on 401911. Therefore, it implies a Short% of Shares Outstanding of 344459 and a Short% of Float of 0.6799999999999999.
Dividends & Splits
CGBD’s forward annual dividend rate is 1.64, up from 1.6 a year ago. Against a Trailing Annual Dividend Yield of 0.10876954The stock’s 5-year Average Dividend Yield is 11.15.
