Fidus Investment Corp. (FDUS) Sets New 52-Week High at $16.20
Fidus Investment Corp. (NASDAQ:FDUS) hit a new 52-week high on Thursday . The company traded as high as $16.20 and last traded at $15.73, with a volume of 96,834 shares traded. The stock had previously closed at $15.51.
Several research analysts recently issued reports on the company. Janney Montgomery Scott assumed coverage on Fidus Investment Corp. in a research report on Wednesday, April 27th. They set a “neutral” rating on the stock. Robert W. Baird lowered Fidus Investment Corp. from an “outperform” rating to a “neutral” rating in a research report on Thursday. Zacks Investment Research lowered Fidus Investment Corp. from a “hold” rating to a “sell” rating in a research report on Monday, July 4th. Finally, TheStreet raised Fidus Investment Corp. from a “hold” rating to a “buy” rating in a research report on Friday, April 8th.
The firm has a market cap of $255.28 million and a P/E ratio of 9.39. The stock’s 50-day moving average is $15.20 and its 200 day moving average is $14.64.
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 24th. Stockholders of record on Friday, June 10th were paid a $0.39 dividend. The ex-dividend date was Wednesday, June 8th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.97%.
Fidus Investment Corporation is a business development company. The Company provides customized debt and equity financing solutions to lower middle-market companies. Its investment objective is to provide risk-adjusted returns by generating both current income from its debt investments and capital appreciation from its equity related investments.
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