Fidus Investment Corp. (FDUS) Reaches New 1-Year High at $16.20
Fidus Investment Corp. (NASDAQ:FDUS) shares reached a new 52-week high during trading on Thursday . The company traded as high as $16.20 and last traded at $15.73, with a volume of 96,834 shares. The stock had previously closed at $15.51.
FDUS has been the topic of a number of research analyst reports. Zacks Investment Research cut shares of Fidus Investment Corp. from a “hold” rating to a “sell” rating in a report on Monday, July 4th. TheStreet upgraded shares of Fidus Investment Corp. from a “hold” rating to a “buy” rating in a report on Friday, April 8th. Janney Montgomery Scott initiated coverage on shares of Fidus Investment Corp. in a report 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 report on Thursday.
The firm has a market cap of $256.26 million and a P/E ratio of 9.42. The stock has a 50-day moving average of $15.20 and a 200 day moving average of $14.62.
The business also recently declared a quarterly dividend, which was paid on Friday, June 24th. Stockholders of record on Friday, June 10th were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Wednesday, June 8th. This represents a $1.56 annualized dividend and a dividend yield of 10.06%.
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.