
PennantPark Floating Rate Capital Hits New 52-Week Low at $8.70
2025-10-02 22:34:15PennantPark Floating Rate Capital has reached a new 52-week low, trading at USD 8.70 as of October 1, 2025, following a 23.53% decline over the past year. The company reported a net profit of USD 20.52 million for the half-year, down 57.27%, amid ongoing performance challenges.
Read MoreIs PennantPark Floating Rate Capital Ltd. technically bullish or bearish?
2025-09-20 19:37:44As of 9 September 2025, the technical trend for PennantPark Floating Rate Capital Ltd. has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from multiple indicators: the MACD is bearish on both weekly and monthly time frames, Bollinger Bands are bearish, and moving averages are also bearish on a daily basis. The KST and OBV confirm bearish signals on both weekly and monthly levels. The Dow Theory reflects a mildly bearish stance on both time frames. In terms of performance, the stock has underperformed the S&P 500 across all periods, with a year-to-date return of -10.16% compared to the S&P 500's 12.22%, and a one-year return of -14.83% versus the S&P 500's 17.14%....
Read MoreIs PennantPark Floating Rate Capital Ltd. overvalued or undervalued?
2025-09-20 18:12:47As of 15 November 2023, the valuation grade for PennantPark Floating Rate Capital Ltd. has moved from risky to very attractive, indicating a significant improvement in its valuation outlook. The company appears undervalued, particularly when considering its P/E ratio of 15, which is lower than the peer average of 14.47, and its price-to-book value of 0.96, suggesting it is trading below its book value. Additionally, the EV to EBITDA ratio stands at 5.80, which is competitive compared to peers like BrightSphere Investment Group, Inc. with an EV to EBITDA of 8.39, reinforcing the attractiveness of PennantPark's valuation. In terms of recent performance, PennantPark's stock has underperformed relative to the S&P 500, with a year-to-date return of -10.16% compared to the index's 12.22%. This underperformance, coupled with a dividend yield of 4.69% and a ROCE of 16.51%, suggests that the market may be undervalu...
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