Fidus Investment Corp. (FDUS) Sees Large Volume Increase
Shares of Fidus Investment Corp. (NASDAQ:FDUS) saw unusually-strong trading volume on Tuesday . Approximately 100,363 shares traded hands during trading, an increase of 18% from the previous session’s volume of 84,988 shares.The stock last traded at $15.83 and had previously closed at $15.90.
Several equities analysts have recently issued reports on FDUS shares. TheStreet raised shares of Fidus Investment Corp. from a “hold” rating to a “buy” rating in a research note on Friday, April 8th. Zacks Investment Research cut shares of Fidus Investment Corp. from a “buy” rating to a “hold” rating in a research note on Tuesday, May 10th. Janney Montgomery Scott started coverage on shares of Fidus Investment Corp. in a research note on Wednesday, April 27th. They issued a “neutral” rating on the stock. Finally, Robert W. Baird cut shares of Fidus Investment Corp. from an “outperform” rating to a “neutral” rating in a research note on Thursday, July 14th.
The firm has a 50-day moving average of $15.31 and a 200-day moving average of $14.73.
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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