PennantPark Investment Corp. (PNNT) Releases Quarterly Earnings Results
PennantPark Investment Corp. (NASDAQ:PNNT) posted its quarterly earnings results on Tuesday. The company reported $0.28 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.29 by $0.01, Analyst Ratings.Net reports. During the same quarter last year, the company posted $0.27 earnings per share.
Shares of PennantPark Investment Corp. (NASDAQ:PNNT) traded down 2.39% on Tuesday, hitting $11.04. The stock had a trading volume of 503,389 shares. PennantPark Investment Corp. has a 1-year low of $10.33 and a 1-year high of $12.19. The stock’s 50-day moving average is $11.37 and its 200-day moving average is $11.15.
PennantPark Investment Corporation (NASDAQ:PNNT) is a business development company focused to generate both income and capital appreciation through debt and equity investments in the United States middle-market companies in the form of senior secured loans, mezzanine debt and equity investments.
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