Goldman Sachs BDC Inc (NYSE:GSBD) shares, rose in value on Friday, March 07, with the stock price up by 0.98% to the previous day’s close as strong demand from buyers drove the stock to $12.40.
Actively observing the price movement in the last trading, the stock closed the session at $12.28. The PE ratio was 22.55 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 -4.17% over the past month.
With the market capitalization of Goldman Sachs BDC Inc currently standing at about $1.45 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 1.80, with its dividend yield at 14.52%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 396.58M, with a low estimate of 99.67M and a high estimate of 103.59M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 101.12M.
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 100% 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 -3.57% and -1.88% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 39.05, while the 7-day volatility ratio is showing 2.14% which for the 30-day chart, stands at 1.74%. Furthermore, Goldman Sachs BDC Inc (GSBD)’s beta value is 0.92, and its average true range (ATR) is 0.24.
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 0.98% in last session, and over the past year, it shrunk by -19.06%%.
Data on historical trading for Goldman Sachs BDC Inc (NYSE:GSBD) indicates that the trading volumes over the past 3 months, they’ve averaged 994.80K. According to company’s latest data on outstanding shares, there are 117.30 million shares outstanding.
Nearly 0.69% of Goldman Sachs BDC Inc’s shares belong to company insiders and institutional investors own 30.38% of the company’s shares. The stock has risen by 2.48% 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.
