InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) declared a dividend on Wednesday, November 6th, Fidelity reports. Investors of record on Friday, December 13th will be paid a dividend of 0.25 per share on Thursday, January 2nd. The ex-dividend date of this dividend is Thursday, December 12th.
Shares of InvestcorpCreditManagementBDCInc . stock traded down $0.14 during trading on Tuesday, hitting $7.09. 79,000 shares of the company’s stock were exchanged, compared to its average volume of 18,532. The company has a quick ratio of 2.99, a current ratio of 2.99 and a debt-to-equity ratio of 1.25. The firm’s 50-day simple moving average is $6.91. InvestcorpCreditManagementBDCInc . has a 52-week low of $5.58 and a 52-week high of $8.18. The company has a market cap of $97.69 million, a PE ratio of 7.16 and a beta of 1.32.
InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) last issued its earnings results on Tuesday, September 10th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.26 by ($0.04). InvestcorpCreditManagementBDCInc . had a positive return on equity of 9.24% and a negative net margin of 48.63%. The business had revenue of $8.12 million for the quarter, compared to analysts’ expectations of $8.86 million. Sell-side analysts forecast that InvestcorpCreditManagementBDCInc . will post 1.01 EPS for the current year.
Several research analysts recently issued reports on the stock. TheStreet cut shares of InvestcorpCreditManagementBDCInc . from a “c” rating to a “d+” rating in a report on Friday, September 13th. Zacks Investment Research raised shares of InvestcorpCreditManagementBDCInc . from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. ValuEngine raised shares of InvestcorpCreditManagementBDCInc . from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. Finally, Raymond James cut their price objective on shares of InvestcorpCreditManagementBDCInc . from $10.00 to $9.00 and set an “outperform” rating for the company in a report on Monday, September 16th.
In other news, major shareholder Bdc Holdings Ltd Investcorp acquired 5,015 shares of the business’s stock in a transaction on Monday, December 9th. The stock was bought at an average price of $7.23 per share, with a total value of $36,258.45. Insiders acquired 54,583 shares of company stock valued at $373,850 in the last ninety days. 1.66% of the stock is owned by corporate insiders.
About InvestcorpCreditManagementBDCInc .
CM Finance Inc is a business development company specializing in loan, mezzanine, middle market, growth capital, and recapitalization investments. The fund typically invests in United States and Europe. Within United States, the fund seeks to invest in Midatlantic, Midwest, Northeast, Southeast, and West Coast regions.
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