NASDAQ ABDC traded down $0.01 during trading hours on Thursday, hitting $8.83. 42,588 shares of the company were exchanged, compared to its average volume of 109,275. The company has a 50 day moving average of $8.44 and a two-hundred day moving average of $8.06. Alcentra Capital has a 52-week low of $5.58 and a 52-week high of $9.40. The firm has a market cap of $113.82 million, a price-to-earnings ratio of 8.74 and a beta of 0.58.
Alcentra Capital (NASDAQ:ABDC) last released its quarterly earnings data on Wednesday, August 7th. The asset manager reported $0.20 EPS for the quarter, meeting analysts’ consensus estimates of $0.20. Alcentra Capital had a return on equity of 8.30% and a net margin of 31.91%. The business had revenue of $6.14 million for the quarter, compared to the consensus estimate of $6.11 million. Equities analysts expect that Alcentra Capital will post 0.8 EPS for the current fiscal year.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Two Sigma Investments LP acquired a new stake in shares of Alcentra Capital during the fourth quarter worth about $265,000. Squarepoint Ops LLC acquired a new stake in shares of Alcentra Capital during the fourth quarter worth about $165,000. Millennium Management LLC acquired a new stake in shares of Alcentra Capital during the fourth quarter worth about $107,000. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Alcentra Capital during the first quarter worth about $85,000. Finally, Oppenheimer & Co. Inc. lifted its holdings in shares of Alcentra Capital by 226.1% during the first quarter. Oppenheimer & Co. Inc. now owns 33,257 shares of the asset manager’s stock worth $249,000 after purchasing an additional 23,059 shares during the period. Institutional investors and hedge funds own 35.57% of the company’s stock.
About Alcentra Capital
Alcentra Capital Corporation is a business development company specializing in investments in lower middle-market companies. The fund seeks to invest in healthcare, business services, defense, government services, telecom and technology, media, infrastructure maintenance and logistics, and oil and gas services sector.
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