Technical Analysis for PFLT - PennantPark Floating Rate Capital Ltd.

Grade Last Price % Change Price Change
grade C 12.47 0.81% 0.10
PFLT closed up 0.81 percent on Thursday, February 20, 2020, on 77 percent of normal volume.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Flat
Historical PFLT trend table...

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.81%
Overbought Stochastic Strength 0.81%
Down 3 Days in a Row Weakness 0.81%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Overbought Stochastic Strength 0.00%
Stochastic Sell Signal Bearish -0.95%
Upper Bollinger Band Walk Strength -0.95%
Overbought Stochastic Strength -0.95%
Doji - Bearish? Reversal -1.58%
Upper Bollinger Band Walk Strength -1.58%

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Profile

PennantPark Floating Rate Capital Ltd. is a business development company. It seeks to make secondary direct, debt, equity, and loan investments. The fund seeks to invest through floating rate loans in private or thinly traded or small market-cap, public middle market companies. It primarily invests in the United States and to a limited extent non-U.S. companies. The fund typically invests between $2 million and $20 million. The fund also invests in equity securities, such as preferred stock, common stock, warrants or options received in connection with debt investments or through direct investments. It primarily invests between $10 million and $50 million in investments in senior secured loans and mezzanine debt. It seeks to invest in companies not rated by national rating agencies. The companies if rated would be between BB and CCC under the Standard & Poor's system. The fund invests 30% is invested in non-qualifying assets like investments in public companies whose securities are not thinly traded or do not have a market capitalization of less than $250 million, securities of middle-market companies located outside of the United States, high-yield bonds, distressed debt, private equity, securities of public companies that are not thinly traded, and investment companies as defined in the 1940 Act. Under normal conditions, the fund expects atleast 80 percent of its net assets plus any borrowings for investment purposes to be invested in Floating Rate Loans and investments with similar economic characteristics, including cash equivalents invested in money market funds. It expects to represent 65 percent of its portfolio through senior secured loans. In case of floating rate loans, it holds investments for a period of three to ten years.
Equity Securities Private Equity Venture Capital Business Development Company Money Market Money Market Fund Public–Private Investment Program For Legacy Assets

Is PFLT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 13.42
52 Week Low 11.14
Average Volume 146,274
200-Day Moving Average 11.86
50-Day Moving Average 12.32
20-Day Moving Average 12.31
10-Day Moving Average 12.48
Average True Range 0.15
ADX 21.97
+DI 22.38
-DI 14.59
Chandelier Exit (Long, 3 ATRs ) 12.23
Chandelier Exit (Short, 3 ATRs ) 12.42
Upper Bollinger Band 12.71
Lower Bollinger Band 11.92
Percent B (%b) 0.7
BandWidth 6.38
MACD Line 0.07
MACD Signal Line 0.06
MACD Histogram 0.0168
Fundamentals Value
Market Cap 405.03 Million
Num Shares 32.5 Million
EPS 1.66
Price-to-Earnings (P/E) Ratio 7.51
Price-to-Sales 0.00
Price-to-Book 0.00
PEG Ratio 0.00
Dividend 1.14
Dividend Yield 9.14%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.67
Resistance 3 (R3) 12.65 12.58 12.63
Resistance 2 (R2) 12.58 12.53 12.58 12.62
Resistance 1 (R1) 12.52 12.50 12.55 12.54 12.61
Pivot Point 12.45 12.45 12.46 12.45 12.45
Support 1 (S1) 12.39 12.40 12.42 12.41 12.33
Support 2 (S2) 12.32 12.37 12.32 12.32
Support 3 (S3) 12.26 12.32 12.31
Support 4 (S4) 12.28