PENNANTPARK FLTNG is trading at 4093.00 as of the 18th of September 2021, a 1.06 percent up since the beginning of the trading day. The stock's open price was 4050.0. Equity ratings for PENNANTPARK FLTNG are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of September 2019 and ending today, the 18th of September 2021. Click here to learn more.
Check how we calculate scores


PennantPark Floating Rate Capital Ltd. is a business development company. In case of floating rate loans, it holds investments for a period of three to ten years. PENNANTPARK FLTNG operates under Asset Management classification in Israel and is traded on Tel Aviv Stock Exchange. more on PENNANTPARK FLTNG
PENNANTPARK FLTNG is not yet fully synchronised with the market data
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of PENNANTPARK FLTNG's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
PENNANTPARK FLTNG (PFLT) is traded on Tel Aviv Stock Exchange in Israel . The company currently falls under 'Mega-Cap' category with current market capitalization of 163.66 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate PENNANTPARK FLTNG's market, we take the total number of its shares issued and multiply it by PENNANTPARK FLTNG's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. PENNANTPARK FLTNG operates under Financial Services sector and is part of Asset Management industry. The entity has 38.77 M outstanding shares. PENNANTPARK FLTNG has accumulated about 48.7 M in cash with 182.48 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.26.
Check PENNANTPARK FLTNG Probability Of Bankruptcy

PENNANTPARK Stock Against Markets

Picking the right benchmark for PENNANTPARK FLTNG stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in PENNANTPARK FLTNG stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for PENNANTPARK FLTNG is critical whether you are bullish or bearish towards PENNANTPARK FLTNG at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PENNANTPARK FLTNG stock to make a market-neutral strategy. Peer analysis of PENNANTPARK FLTNG could also be used in its relative valuation, which is a method of valuing PENNANTPARK FLTNG by comparing valuation metrics with similar companies.
Please check Your Equity Center. Note that the PENNANTPARK FLTNG information on this page should be used as a complementary analysis to other PENNANTPARK FLTNG's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Other Tools for PENNANTPARK Stock

When running PENNANTPARK FLTNG price analysis, check to measure PENNANTPARK FLTNG's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PENNANTPARK FLTNG is operating at the current time. Most of PENNANTPARK FLTNG's value examination focuses on studying past and present price action to predict the probability of PENNANTPARK FLTNG's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move PENNANTPARK FLTNG's price. Additionally, you may evaluate how the addition of PENNANTPARK FLTNG to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Equity Search
Search for activelly traded equities including funds and ETFs from over 30 global markets
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital