Carlyle Secured Lending Inc [NASDAQ: CGBD] traded at a high on Friday, posting a 0.49 gain after which it closed the day’ session at $18.46.
The results of the trading session contributed to over 256331 shares changing hands. Over the past one week, the price volatility of Carlyle Secured Lending Inc stands at 2.00% while the volatility over the past one month is 1.80%.
The market cap for CGBD stock reached $939.73 million, with 50.91 million shares outstanding and 50.44 million shares in the current float. Compared to the average trading volume of 199.78K shares, CGBD reached a trading volume of 256331 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Carlyle Secured Lending Inc [CGBD]?
JP Morgan have made an estimate for Carlyle Secured Lending Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on July 29, 2024. While these analysts kept the previous recommendation, B. Riley Securities raised their target price to Neutral. The new note on the price target was released on July 28, 2023, representing the official price target for Carlyle Secured Lending Inc stock. Previously, the target price had yet another raise to $14.50, while JP Morgan analysts kept a Neutral rating on CGBD stock.
The Average True Range (ATR) for Carlyle Secured Lending Inc is set at 0.32, with the Price to Sales ratio for CGBD stock in the period of the last 12 months amounting to 3.93. The Price to Book ratio for the last quarter was 1.10.
How has CGBD stock performed recently?
Carlyle Secured Lending Inc [CGBD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.30. With this latest performance, CGBD shares gained by 3.30% in over the last four-week period, additionally plugging by 2.74% over the last 6 months – not to mention a rise of 22.60% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CGBD stock in for the last two-week period is set at 63.13, with the RSI for the last a single of trading hit 65.69, and the three-weeks RSI is set at 61.50 for Carlyle Secured Lending Inc [CGBD]. The present Moving Average for the last 50 days of trading for this stock 17.43, while it was recorded at 18.06 for the last single week of trading, and 17.34 for the last 200 days.
Insider trade positions for Carlyle Secured Lending Inc [CGBD]
There are presently around $25.40%, or 25.63%% of CGBD stock, in the hands of institutional investors. The top three institutional holders of CGBD stocks are: MORGAN STANLEY with ownership of 2.02 million shares, which is approximately 3.9837%. LSV ASSET MANAGEMENT, holding 1.55 million shares of the stock with an approximate value of $$27.51 million in CGBD stocks shares; and LSV ASSET MANAGEMENT, currently with $$20.92 million in CGBD stock with ownership which is approximately 2.3213%.
