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How to buy PennantPark Investment Corporation stock | $4.7

Own PennantPark Investment Corporation stock in just a few minutes.

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PennantPark Investment Corporation is an asset management business based in the US. PennantPark Investment Corporation shares (PNNT) are listed on the NASDAQ and all prices are listed in US Dollars.

How to buy shares in PennantPark Investment Corporation

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for PennantPark Investment Corporation. Find the stock by name or ticker symbol: PNNT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until PennantPark Investment Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$4.7, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of PennantPark Investment Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of PennantPark Investment Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

PennantPark Investment Corporation share price

Use our graph to track the performance of PNNT stocks over time.

PennantPark Investment Corporation shares at a glance

Information last updated 2021-01-13.
Latest market closeUSD$4.7
52-week rangeUSD$1.6063 - USD$5.8023
50-day moving average USD$4.56
200-day moving average USD$3.6198
Wall St. target priceUSD$5.18
PE ratio 9.4419
Dividend yield USD$0.48 (10.11%)
Earnings per share (TTM) USD$0.235

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy PennantPark Investment Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

PennantPark Investment Corporation price performance over time

Historical closes compared with the close of $4.7 from 2021-01-11

1 week (2021-01-09) N/A
1 month (2020-12-16) 6.82%
3 months (2020-10-16) 48.73%
6 months (2020-07-16) 49.68%
1 year (2020-01-16) -29.64%
2 years (2019-01-16) -32.95%
3 years (2018-01-16) 6.91
5 years (2016-01-16) N/A

Is PennantPark Investment Corporation under- or over-valued?

Valuing PennantPark Investment Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of PennantPark Investment Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

PennantPark Investment Corporation's P/E ratio

PennantPark Investment Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, PennantPark Investment Corporation shares trade at around 9x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

PennantPark Investment Corporation's PEG ratio

PennantPark Investment Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.61. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into PennantPark Investment Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

PennantPark Investment Corporation financials

Revenue TTM USD$100.2 million
Operating margin TTM 74.11%
Gross profit TTM USD$100.2 million
Return on assets TTM 3.87%
Return on equity TTM -2.88%
Profit margin -15.93%
Book value $7.841
Market capitalisation USD$324.5 million

TTM: trailing 12 months

Shorting PennantPark Investment Corporation shares

There are currently 635,673 PennantPark Investment Corporation shares held short by investors – that's known as PennantPark Investment Corporation's "short interest". This figure is 317.8% up from 152,149 last month.

There are a few different ways that this level of interest in shorting PennantPark Investment Corporation shares can be evaluated.

PennantPark Investment Corporation's "short interest ratio" (SIR)

PennantPark Investment Corporation's "short interest ratio" (SIR) is the quantity of PennantPark Investment Corporation shares currently shorted divided by the average quantity of PennantPark Investment Corporation shares traded daily (recently around 1.7 million). PennantPark Investment Corporation's SIR currently stands at 0.37. In other words for every 100,000 PennantPark Investment Corporation shares traded daily on the market, roughly 370 shares are currently held short.

However PennantPark Investment Corporation's short interest can also be evaluated against the total number of PennantPark Investment Corporation shares, or, against the total number of tradable PennantPark Investment Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case PennantPark Investment Corporation's short interest could be expressed as 0% of the outstanding shares (for every 100,000 PennantPark Investment Corporation shares in existence, roughly 0 shares are currently held short) or 0.0034% of the tradable shares (for every 100,000 tradable PennantPark Investment Corporation shares, roughly 3 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against PennantPark Investment Corporation.

Find out more about how you can short PennantPark Investment Corporation stock.

PennantPark Investment Corporation share dividends

We're not expecting PennantPark Investment Corporation to pay a dividend over the next 12 months.

PennantPark Investment Corporation share price volatility

Over the last 12 months, PennantPark Investment Corporation's shares have ranged in value from as little as $1.6063 up to $5.8023. A popular way to gauge a stock's volatility is its "beta".

PNNT.US volatility(beta: 2.02)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while PennantPark Investment Corporation's is 2.02. This would suggest that PennantPark Investment Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.

PennantPark Investment Corporation overview

PennantPark Investment Corporation is a business development company. It specializes in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments. The fund typically invests in building and real estate, hotels and gaming, electronics, healthcare, education and childcare, financial services, printing and publishing, consumer products, business services, energy and utilities, distribution, oil and gas, media, environmental services, aerospace and defense, manufacturing industries and retail. It invests in equity securities and debt transactions through preferred stock, common stock, warrants, options, subordinated loans, mezzanine loans, and senior secured loans. It seeks to invest in companies based in the United States. The fund seeks to invest between $10 million and $50 million in its portfolio companies. Its mezzanine loans, senior secured loans, and other investments in its portfolio companies are between $15 million and $50 million. The fund may also make non-control equity and debt investments.

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