Monroe Capital Co. (NASDAQ:MRCC – Get Free Report)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $7.58 and traded as high as $8.24. Monroe Capital shares last traded at $8.16, with a volume of 32,195 shares traded.
Monroe Capital Stock Down 1.0 %
The firm’s 50-day moving average is $7.88 and its 200 day moving average is $7.58. The firm has a market capitalization of $176.83 million, a P/E ratio of 816.00 and a beta of 1.03. The company has a debt-to-equity ratio of 1.53, a quick ratio of 3.38 and a current ratio of 3.38.
Monroe Capital (NASDAQ:MRCC – Get Free Report) last issued its quarterly earnings data on Wednesday, August 7th. The financial services provider reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.05. Monroe Capital had a net margin of 12.59% and a return on equity of 11.47%. The company had revenue of $15.63 million for the quarter, compared to analyst estimates of $15.10 million. During the same period in the prior year, the firm earned $0.28 earnings per share. As a group, equities research analysts predict that Monroe Capital Co. will post 1.12 EPS for the current fiscal year.
Monroe Capital Announces Dividend
Hedge Funds Weigh In On Monroe Capital
Large investors have recently bought and sold shares of the company. Rothschild Investment LLC bought a new stake in shares of Monroe Capital in the 2nd quarter valued at about $76,000. CANADA LIFE ASSURANCE Co increased its position in shares of Monroe Capital by 16.8% during the first quarter. CANADA LIFE ASSURANCE Co now owns 19,938 shares of the financial services provider’s stock worth $143,000 after acquiring an additional 2,861 shares in the last quarter. Chapin Davis Inc. grew its stake in shares of Monroe Capital by 73.3% in the 1st quarter. Chapin Davis Inc. now owns 26,000 shares of the financial services provider’s stock worth $187,000 after acquiring an additional 11,000 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Monroe Capital by 28.5% during the first quarter. International Assets Investment Management LLC now owns 27,302 shares of the financial services provider’s stock valued at $198,000 after acquiring an additional 6,050 shares during the last quarter. Finally, MAS Advisors LLC lifted its stake in Monroe Capital by 134.5% in the first quarter. MAS Advisors LLC now owns 27,727 shares of the financial services provider’s stock valued at $200,000 after purchasing an additional 15,902 shares during the last quarter.
Monroe Capital Company Profile
Monroe Capital Corporation is a business development company specializing in customized financing solutions in senior, unitranche and junior secured debt, subordinated debt financing and to a lesser extent, unsecured debt and equity, including equity co-investments in preferred and common stock and warrants.
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