MVC Capital, Inc. (NYSE:MVC) Chairman Michael T. Tokarz bought 2,500 shares of the business’s stock in a transaction on Monday, March 19th. The shares were acquired at an average price of $10.12 per share, for a total transaction of $25,300.00. Following the completion of the transaction, the chairman now owns 943,543 shares in the company, valued at approximately $9,548,655.16. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Shares of MVC stock traded down $0.16 during trading hours on Friday, hitting $9.93. 32,805 shares of the company were exchanged, compared to its average volume of 32,657. The firm has a market cap of $189.90, a P/E ratio of 9.19 and a beta of 0.67. The company has a quick ratio of 41.20, a current ratio of 41.20 and a debt-to-equity ratio of 0.44. MVC Capital, Inc. has a 1-year low of $8.59 and a 1-year high of $10.97.
MVC Capital (NYSE:MVC) last announced its quarterly earnings results on Tuesday, January 16th. The investment management company reported $0.09 earnings per share for the quarter. The business had revenue of $5.49 million for the quarter. MVC Capital had a net margin of 108.96% and a negative return on equity of 1.84%. equities analysts anticipate that MVC Capital, Inc. will post 0.18 earnings per share for the current year.
MVC has been the topic of a number of research reports. Zacks Investment Research upgraded shares of MVC Capital from a “sell” rating to a “hold” rating in a research report on Saturday, March 10th. Ladenburg Thalmann Financial Services initiated coverage on shares of MVC Capital in a research report on Thursday, January 11th. They set a “buy” rating and a $12.00 target price on the stock. Maxim Group restated a “buy” rating and set a $12.50 target price on shares of MVC Capital in a research report on Thursday, March 15th. Finally, TheStreet downgraded shares of MVC Capital from a “b” rating to a “c+” rating in a research report on Friday, December 29th.
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MVC Capital Company Profile
MVC Capital, Inc is a non-diversified closed-end management investment company. The Company’s investment objective is to seek to maximize total return from capital appreciation and/or income. The Company’s segments are its investing operations as a business development company, which includes MVC Cayman and MVC Turf, LLC and MVC Financial Services, Inc (MVCFS).
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