PennantPark Floating Rate Capital Ltd.
Ticker
PFLT
ISIN
US70806A106
Price
USD 11.05
Change Today
-0.04 / -0.361 %
Price 1 year ago
9.87 / 11.983 %
Market Capitalization
445,856,128.00
52 Week Low
9.80
52 Week High
11.78
200 Day Moving Average
10.86
50-day Moving Average
11.29
Price evolution
Yearly Returns
Peers
Peers
Company information
Summary
PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.
Sector
Financial Services
Industry
Asset Management
Country
United States
Exchange
NYQ
Earnings Per Share
0.892
P/E Ratio
12.836323
Debt/Equity Ratio
143.443
Beta
1.639421
Ebitda
-
-
Enterprise to Ebitda
-
Enterprise Value
1,228,761,600.00
Target Price
13.20
Estimated Price
-
Book Value
12.70
Expected Growth
-
Balance sheet
Income statement
Sustainability
Correlation
Company | Name | Correlation |
---|---|---|
BAM.BK | BANGKOK COMMERCIAL ASSET MANAGE | -0.07 |
UKW.L | GREENCOAT UK WIND PLC | -0.07 |
600816.SS | ANXIN TRUST CO LTD | 0.01 |
600318.SS | ANHUI XINLI FINANCE CO LTD | 0.01 |
AMP.AX | AMP FPO | 0.01 |
NORTEGRAN.SN | NORTE GRANDE SA | 0.02 |
600120.SS | ZHEJIANG ORIENT FINANCIAL HOLDI | 0.04 |
BPH.AX | BPH ENERGY FPO | 0.06 |
GSDHO.IS | GSD HOLDING | 0.07 |
EMG.L | MAN GROUP PLC ORD USD0.03428571 | 0.07 |
SRTG.JK | Saratoga Investama Sedaya Tbk. | 0.08 |
FNOR11.SA | FINOR CI * | 0.12 |
601108.SS | CAITONG SECURITIES CO. LTD | 0.13 |
ILUS | ILUSTRATO PICTURES INTL INC | 0.14 |
IDFC.NS | IDFC LIMITED | 0.15 |
600643.SS | SHANGHAI AJ GROUP CO LTD | 0.15 |
2799.HK | CHINA HUARONG | 0.19 |
1359.HK | CHINA CINDA | 0.21 |
VELA.L | VELA TECHNOLOGIES PLC | 0.22 |
ABDN.L | ABRDN PLC | 0.23 |
BLU.L | BLUE STAR CAPITAL PLC | 0.24 |
TRIG.L | THE RENEWABLES INFRASTRUCTURE G | 0.32 |
HICL.L | HICL INFRASTRUCTURE PLC ORD 0.0 | 0.37 |
AMTD | AMTD IDEA Group | 0.37 |
MNG.L | M&G PLC ORD 5 | 0.41 |
INPP.L | INTERNATIONAL PUBLIC PARTNERSHI | 0.45 |
QLT.L | QUILTER PLC ORD 8 1/6P | 0.52 |
LGEN.L | LEGAL & GENERAL GROUP PLC | 0.71 |
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FNOR11.SA | FINOR CI * | Brazil | BRL | SAO | |||||
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INVE-B.ST | Investor AB ser. B | Stockholm | Sweden | SEK | STO | 0.77 | -35.22 | 17736 | https://www.investorab.com |
SMT.L | SCOTTISH MORTGAGE INVESTMENT TR | Edinburgh | United Kingdom | GBp | LSE | 0.71 | https://www.bailliegifford.com/en/uk/institutional-investor/funds/scottish-mortgage-investment-trust/ | ||
0810.HK | CH INTERNET INV | Hong Kong | HKD | HKG | -0.26 | -25.27 | 21 | https://www.hk0810.com.hk/en/ | |
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Funds
Mutual Fund Holders
Social
Dividends
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News
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SEC Filings
Options
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.