Stocks of MidCap Financial Investment Corporation (NASDAQ:MFIC) traded higher last session on Wall Street, up 3.70% to $11.76.
MFIC stock price is now -9.93% away from the 50-day moving average and -13.49% away from the 200-day moving average. The market capitalization of the company currently stands at $1.10B.
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With the price target maintained at $15, Keefe Bruyette recently Upgraded its rating from Mkt Perform to Outperform for MidCap Financial Investment Corporation (NASDAQ: MFIC). On July 25, 2024, Compass Point Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $16, while the Compass Point previously rated the stock as ‘Neutral’ on June 10, 2024.
In other news, PEARLMAN EMANUEL R, Director bought 800 shares of the company’s stock on Mar 11 ’25. The stock was bought for $10,015 at an average price of $12.52. Upon completion of the transaction, the Director now directly owns 2,800 shares in the company, valued at $32928.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 11 ’25, Director Widra Howard bought 50,000 shares of the business’s stock. A total of $619,990 was incurred on buying the stock at an average price of $12.40. This leaves the insider owning 101,666 shares of the company worth $1.2 million. A total of 0.78% of the company’s stock is owned by insiders.
During the past 12 months, MidCap Financial Investment Corporation has had a low of $10.18 and a high of $16.12. The fifty day moving average price for MFIC is $13.056 and a two-hundred day moving average price translates $13.6195 for the stock.
The latest earnings results from MidCap Financial Investment Corporation (NASDAQ: MFIC) was released for 2024-12-31. The company reported revenue of $82.16 million for the quarter, compared to $71.95 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 14.18 percent. For the current quarter, analysts expect MFIC to generate $82.49M in revenue.
