CION Investment (NYSE:CION – Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, May 9th.
CION Investment (NYSE:CION – Get Free Report) last released its earnings results on Thursday, March 14th. The company reported $0.40 earnings per share (EPS) for the quarter. The company had revenue of $60.00 million for the quarter. CION Investment had a net margin of 37.97% and a return on equity of 12.33%.
CION Investment Price Performance
CION opened at $11.71 on Wednesday. The firm has a 50 day simple moving average of $11.06 and a 200 day simple moving average of $10.98. CION Investment has a fifty-two week low of $9.16 and a fifty-two week high of $12.00. The company has a market cap of $630.20 million, a price-to-earnings ratio of 6.65 and a beta of 1.19.
CION Investment Dividend Announcement
Insider Activity at CION Investment
In other CION Investment news, insider Gregg A. Bresner acquired 4,000 shares of the business’s stock in a transaction dated Wednesday, March 20th. The shares were acquired at an average price of $10.78 per share, for a total transaction of $43,120.00. Following the acquisition, the insider now directly owns 50,099 shares of the company’s stock, valued at approximately $540,067.22. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders bought a total of 6,519 shares of company stock worth $70,760 in the last quarter. Corporate insiders own 0.44% of the company’s stock.
CION Investment Company Profile
CION Investment Corporation is a business development company. It specializes in investments in senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies.
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