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TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) closed the day trading at $9.16 down -1.72% from the previous closing price of $9.32. In other words, the price has decreased by -$1.72 from its previous closing price. On the day, 0.69 million shares were traded. TPVG stock price reached its highest trading level at $9.4 during the session, while it also had its lowest trading level at $9.12.
Ratios:
For a better understanding of TPVG, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3446.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.19. In the meantime, Its Debt-to-Equity ratio is 1.27 whereas as Long-Term Debt/Eq ratio is at 1.27.
Compass Point Downgraded its Neutral to Sell on March 07, 2024, while the target price for the stock was maintained at $8.75.
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 Mar 14 ’24 when Park Katherine J bought 2,500 shares for $9.35 per share. The transaction valued at 23,375 led to the insider holds 5,000 shares of the business.
Cassani Stephen bought 500 shares of TPVG for $4,950 on Mar 12 ’24. The Director now owns 6,200 shares after completing the transaction at $9.90 per share. On Mar 11 ’24, another insider, Cassani Stephen, who serves as the Director of the company, bought 1,103 shares for $9.99 each. As a result, the insider paid 11,019 and bolstered with 5,700 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, TPVG now has a Market Capitalization of 346668448 and an Enterprise Value of 776869824. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.59 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 5.92.
Stock Price History:
Over the past 52 weeks, TPVG has reached a high of $12.70, while it has fallen to a 52-week low of $8.88. The 50-Day Moving Average of the stock is -4.21%, while the 200-Day Moving Average is calculated to be -12.50%.
Shares Statistics:
Over the past 3-months, TPVG traded about 321.48K shares per day on average, while over the past 10 days, TPVG traded about 265600 shares per day. A total of 37.62M shares are outstanding, with a floating share count of 37.09M. Insiders hold about 0.10% of the company’s shares, while institutions hold 22.40% stake in the company. Shares short for TPVG as of 1713139200 were 2743532 with a Short Ratio of 8.53, compared to 1710460800 on 2632865. Therefore, it implies a Short% of Shares Outstanding of 2743532 and a Short% of Float of 7.35.
Dividends & Splits
TPVG’s forward annual dividend rate is 1.60, up from 1.2 a year ago. Against a Trailing Annual Dividend Yield of 0.12875538The stock’s 5-year Average Dividend Yield is 11.82.
