Goldman Sachs BDC Inc (NYSE:GSBD) shares, rose in value on Friday, January 24, with the stock price up by 1.11% to the previous day’s close as strong demand from buyers drove the stock to $12.72.
Actively observing the price movement in the last trading, the stock closed the session at $12.58, falling within a range of $12.58 and $12.74. The value of beta (5-year monthly) was 1.118 whereas the PE ratio was 18.71 over 12-month period. Referring to stock’s 52-week performance, its high was $15.94, and the low was $11.72. On the whole, GSBD has fluctuated by -1.01% over the past month.
With the market capitalization of Goldman Sachs BDC Inc currently standing at about $1.49 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 1.80, with its dividend yield at 14.15%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 435.9M, with a low estimate of 102.45M and a high estimate of 107.59M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 105.32M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GSBD’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of GSBD currently trading nearly 3.18% and 0.46% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.70, while the 7-day volatility ratio is showing 1.49% which for the 30-day chart, stands at 1.50%. Furthermore, Goldman Sachs BDC Inc (GSBD)’s beta value is 1.11, and its average true range (ATR) is 0.20.
A comparison of Goldman Sachs BDC Inc (GSBD) with its peers suggests the former has fared considerably weaker in the market. GSBD showed an intraday change of 1.11% in last session, and over the past year, it shrunk by -16.04%%.
Data on historical trading for Goldman Sachs BDC Inc (NYSE:GSBD) indicates that the trading volumes over the past 10 days have averaged 0.95 and over the past 3 months, they’ve averaged 1.01 million. According to company’s latest data on outstanding shares, there are 117.30 million shares outstanding.
Nearly 0.12% of Goldman Sachs BDC Inc’s shares belong to company insiders and institutional investors own 29.39% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 1.23 million shares as on 2024-12-31, resulting in a short ratio of 0.96. According to the data, the short interest in Goldman Sachs BDC Inc (GSBD) stood at 105.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 1.26 million. The stock has risen by 5.12% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GSBD stock heading into the next quarter.
