Gladstone Investment Corp. Lowered to Neutral at Hilliard Lyons (GAIN)
Gladstone Investment Corp. (NASDAQ:GAIN) was downgraded by research analysts at Hilliard Lyons to a “neutral” rating in a report released on Tuesday, American Banking & Market News reports.
Shares of Gladstone Investment Corp. (NASDAQ:GAIN) remained flat at $8.04 during trading on Tuesday. 33,309 shares of the company’s stock traded hands. Gladstone Investment Corp. has a 52 week low of $6.80 and a 52 week high of $8.09. The stock has a 50-day moving average of $7.6 and a 200-day moving average of $7.30.
Gladstone Investment Corp. (NASDAQ:GAIN) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.15 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.18 by $0.03. Analysts expect that Gladstone Investment Corp. will post $0.71 EPS for the current fiscal year.
Gladstone Investment Corporation operates as a closed-end, non-diversified management investment company.
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