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After finishing at $10.18 in the prior trading day, PennantPark Floating Rate Capital Ltd (NYSE: PFLT) closed at $10.23, up 0.49%. In other words, the price has increased by $0.49 from its previous closing price. On the day, 1.27 million shares were traded. PFLT stock price reached its highest trading level at $10.3054 during the session, while it also had its lowest trading level at $10.17.
Ratios:
Our goal is to gain a better understanding of PFLT by taking a closer look at its different ratios.
Maxim Group Upgraded its Hold to Buy on August 12, 2024, while the target price for the stock was maintained at $12.
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 May 21 ’25 when Briones Jose A bought 1,480 shares for $10.13 per share. The transaction valued at 14,995 led to the insider holds 330,918 shares of the business.
Briones Jose A bought 9,840 shares of PFLT for $99,925 on May 14 ’25. The Director now owns 329,438 shares after completing the transaction at $10.15 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PFLT now has a Market Capitalization of 1014999104 and an Enterprise Value of 2269391104. As of this moment, PennantPark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.04, and their Forward P/E ratio for the next fiscal year is 8.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.36 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 9.741.
Stock Price History:
The Beta on a monthly basis for PFLT is 0.95, which has changed by -0.11351818 over the last 52 weeks, in comparison to a change of 0.12463009 over the same period for the S&P500. Over the past 52 weeks, PFLT has reached a high of $12.02, while it has fallen to a 52-week low of $8.82. The 50-Day Moving Average of the stock is 0.97%, while the 200-Day Moving Average is calculated to be -6.07%.
Shares Statistics:
The stock has traded on average 1.17M shares per day over the past 3-months and 876690 shares per day over the last 10 days, according to various share statistics. A total of 99.22M shares are outstanding, with a floating share count of 98.35M. Insiders hold about 0.86% of the company’s shares, while institutions hold 26.98% stake in the company. Shares short for PFLT as of 1749772800 were 1262488 with a Short Ratio of 1.07, compared to 1747267200 on 1190358. Therefore, it implies a Short% of Shares Outstanding of 1262488 and a Short% of Float of 1.28.
Dividends & Splits
In the trailing 12 months, PFLT’s forward annual dividend rate was 1.225, compared to 1.23 this year. Against a Trailing Annual Dividend Yield of 0.120333984The stock’s 5-year Average Dividend Yield is 10.53.