Investcorp Credit Management BDC (NASDAQ:ICMB – Get Free Report) announced its quarterly earnings data on Friday. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.07), Zacks reports. The company had revenue of $0.16 million for the quarter, compared to the consensus estimate of $4.70 million. Investcorp Credit Management BDC had a negative net margin of 118.71% and a positive return on equity of 2.26%.
Investcorp Credit Management BDC Price Performance
Shares of ICMB stock opened at $0.84 on Friday. Investcorp Credit Management BDC has a twelve month low of $0.73 and a twelve month high of $3.12. The stock has a market capitalization of $12.11 million, a price-to-earnings ratio of -0.61 and a beta of 0.60. The stock has a fifty day simple moving average of $0.96 and a two-hundred day simple moving average of $1.70. The company has a current ratio of 3.88, a quick ratio of 3.88 and a debt-to-equity ratio of 2.07.
Institutional Trading of Investcorp Credit Management BDC
An institutional investor recently raised its position in Investcorp Credit Management BDC stock. Bulldog Investors LLP boosted its holdings in shares of Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB – Free Report) by 6.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 554,197 shares of the company’s stock after acquiring an additional 31,445 shares during the period. Bulldog Investors LLP owned about 3.84% of Investcorp Credit Management BDC worth $1,496,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 7.76% of the company’s stock.
Wall Street Analysts Forecast Growth
View Our Latest Report on Investcorp Credit Management BDC
Investcorp Credit Management BDC Company Profile
Investcorp Credit Management BDC Inc (NASDAQ: ICMB) is a closed-end, non-diversified management investment company that provides investors exposure to private credit markets through direct lending strategies. As a business development company, ICMB focuses on originating, structuring and managing tailored financing solutions for U.S. middle-market corporations. The company’s portfolio includes senior secured loans, second-lien debt, subordinated debt and equity co-investments, with an emphasis on risk-adjusted returns and capital preservation.
The company is externally managed by Investcorp Credit Management US LLC, part of the Investcorp group, a global alternative investment firm founded in 1982.
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