Gladstone Investment Corporation (NASDAQ: GAIN): Retirees Don’t Worry About Volatility

Gladstone Investment Corporation (NASDAQ:GAIN) currently has a daily average trading volume of 134.22K but it saw 104985 shares traded in last market. With a market cap of 475.49M USD, the company’s current market price of $12.96 came falling about -0.54 while comparing to the previous closing price of $13.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.37 and as low as $11.87. In the recent trading on the day, stock has struck highest price mark of $12.88 while lowest mark touched by it was $13.03.

Taking a look at 20-day trading activity of Gladstone Investment Corporation (GAIN) gives us an average price of $13.26, while its current price level is -9.81% below from 52-week high level whereas it is 9.14% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $13.47 while that of 200 days or SMA-200 reads an average of $13.72. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.59% during that period while stretching the period over a month that increases to 1.88%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 37.82 which implies that the stock is in neutral territory.

Over the week, GAIN’s stock price is moving -2.19% down while it is -5.61% when we observe its performance for the past one month. Year-to-date it is -2.19% down and over the past year, the stock is showing a downside performance of -9.07%.

Currently, Gladstone Investment Corporation’s total number of outstanding shares is 36.69M. It has a price to earnings ratio (P/E ratio) of 6.38 while having a 13.36 of forward P/E ratio. Stock’s beta reads 1.30. Stock has a price to book (P/B) ratio of 0.97 while price to sale or P/S ratio amounts to 5.33.