Portman Ridge Finance Corporation (NASDAQ:PTMN – Get Free Report) traded up 0.7% during mid-day trading on Friday . The stock traded as high as $7.13 and last traded at $7.07. 46,842 shares traded hands during mid-day trading, an increase of 0% from the average daily volume of 46,716 shares. The stock had previously closed at $7.02.
Portman Ridge Finance Price Performance
The company has a current ratio of 3.11, a quick ratio of 3.11 and a debt-to-equity ratio of 1.54. The firm has a market cap of $93.27 million, a PE ratio of -7.60 and a beta of 0.60. The business has a fifty day moving average of $7.38 and a 200-day moving average of $7.72.
Portman Ridge Finance Company Profile
Portman Ridge Finance Corporation (NASDAQ: PTMN) is a business development company that provides financing to privately owned, middle-market businesses. The company invests primarily in debt securities, including first-lien and second-lien loans, and may also make equity investments in portfolio companies.
Portman Ridge generally seeks to support companies that may have limited access to traditional bank financing. Its investment activities are focused primarily on businesses in the United States and span a range of industries.
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