Portman Ridge Finance Corporation (NASDAQ:PTMN – Get Free Report)’s stock price traded up 0.1% during trading on Friday. The company traded as high as $6.9596 and last traded at $6.89. 26,918 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 46,716 shares. The stock had previously closed at $6.88.
Portman Ridge Finance Trading Up 0.1%
The business’s fifty day simple moving average is $7.30 and its two-hundred day simple moving average is $7.45. The company has a quick ratio of 3.11, a current ratio of 3.11 and a debt-to-equity ratio of 1.54. The company has a market cap of $90.89 million, a price-to-earnings ratio of -7.41 and a beta of 0.60.
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 in the United States. The company seeks to generate income and long-term capital appreciation primarily through investments in the debt and equity securities of companies that may have limited access to traditional bank financing.
Portman Ridge generally invests in senior secured loans, second-lien and subordinated debt, and equity interests.
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