InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) Announces Quarterly Earnings Results
InvestcorpCreditManagementBDCInc . (NASDAQ:ICMB) released its quarterly earnings results on Monday. The company reported $0.25 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.05, MarketWatch Earnings reports. InvestcorpCreditManagementBDCInc . had a negative net margin of 78.46% and a positive return on equity of 10.25%.
Shares of NASDAQ:ICMB opened at $3.90 on Wednesday. The company’s 50 day moving average price is $3.28 and its two-hundred day moving average price is $3.76. InvestcorpCreditManagementBDCInc . has a 12-month low of $1.38 and a 12-month high of $7.70. The firm has a market cap of $54.15 million, a PE ratio of -1.96 and a beta of 2.33. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.62.
Several research analysts have weighed in on the stock. Zacks Investment Research raised shares of InvestcorpCreditManagementBDCInc . from a “sell” rating to a “hold” rating in a report on Wednesday, July 15th. ValuEngine upgraded shares of InvestcorpCreditManagementBDCInc . from a “strong sell” rating to a “sell” rating in a research report on Thursday, July 2nd.
CM Finance Inc is a business development company specializing in loan, mezzanine, middle market, growth capital, and recapitalization investments. The fund typically invests in United States and Europe. Within United States, the fund seeks to invest in Midatlantic, Midwest, Northeast, Southeast, and West Coast regions.
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