ICMB has been the subject of a number of other research reports. Zacks Investment Research upgraded shares of InvestcorpCreditManagementBDCInc . from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Raymond James decreased their price objective on shares of InvestcorpCreditManagementBDCInc . from $10.00 to $9.00 and set an “outperform” rating for the company in a report on Monday, September 16th. Finally, TheStreet lowered shares of InvestcorpCreditManagementBDCInc . from a “c” rating to a “d+” rating in a report on Friday, September 13th.
Shares of ICMB opened at $7.22 on Tuesday. InvestcorpCreditManagementBDCInc . has a 1-year low of $5.58 and a 1-year high of $8.18. The firm’s 50-day moving average is $6.82. The company has a market cap of $98.24 million, a price-to-earnings ratio of 7.29 and a beta of 1.32. The company has a quick ratio of 2.99, a current ratio of 2.99 and a debt-to-equity ratio of 1.25.
In other InvestcorpCreditManagementBDCInc . news, major shareholder Bdc Holdings Ltd Investcorp purchased 15,624 shares of InvestcorpCreditManagementBDCInc . stock in a transaction dated Thursday, October 17th. The stock was acquired at an average price of $6.66 per share, for a total transaction of $104,055.84. In the last 90 days, insiders bought 47,668 shares of company stock valued at $324,006. Company insiders own 1.66% of the company’s stock.
Several large investors have recently bought and sold shares of ICMB. Squarepoint Ops LLC bought a new stake in shares of InvestcorpCreditManagementBDCInc . in the 3rd quarter valued at about $97,000. Stephens Inc. AR bought a new stake in shares of InvestcorpCreditManagementBDCInc . in the 3rd quarter valued at about $139,000. Oppenheimer & Co. Inc. bought a new stake in shares of InvestcorpCreditManagementBDCInc . in the 3rd quarter valued at about $236,000. Finally, California Public Employees Retirement System bought a new stake in shares of InvestcorpCreditManagementBDCInc . in the 3rd quarter valued at about $243,000. Institutional investors and hedge funds own 44.33% of the company’s stock.
InvestcorpCreditManagementBDCInc . Company Profile
CM Finance Inc is a business development company specializing in loan, mezzanine, middle market, growth capital, and recapitalization investments. The fund typically invests in United States and Europe. Within United States, the fund seeks to invest in Midatlantic, Midwest, Northeast, Southeast, and West Coast regions.
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