Goldman Sachs BDC, Inc. (NYSE:GSBD) shares, rose in value, with the stock price up by 1.36% to the previous day’s close as strong demand from buyers drove the stock to $15.69.
Actively observing the price movement in the last trading, the stock closed the session at $15.48. The PE ratio was 8.71 over 12-month period. Referring to stock’s 52-week performance, its high was $15.65, and the low was $12.75. On the whole, GSBD has fluctuated by 4.88% over the past month.
The company’s Forward Dividend Ratio is 1.80, with its dividend yield at 11.47%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 443.08M, with a low estimate of 111.96M and a high estimate of 116.57M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 114.26M.
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% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of GSBD currently trading nearly 3.87% and 3.14% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 68.30, while the 7-day volatility ratio is showing 0.95% which for the 30-day chart, stands at 0.98%. Furthermore, Goldman Sachs BDC, Inc. (GSBD)’s beta value is 1.14, and its average true range (ATR) is 0.17.
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 1.36% in last session, and over the past year, it grew by 16.22%%.
Data on historical trading for Goldman Sachs BDC, Inc. (NYSE:GSBD) indicates that the trading volumes over the past 3 months, they’ve averaged 604.15K. According to company’s latest data on outstanding shares, there are 112.10 million shares outstanding.
Nearly 0.13% of Goldman Sachs BDC, Inc.’s shares belong to company insiders and institutional investors own 30.30% of the company’s shares. The stock has risen by 7.10% 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.
