FDUS Stock Summary and Trading Ideas (Fidus Investment - Closed End | NASDAQ:FDUS)

Fidus Investment Corp is an externally managed, closed-end, non-diversified management investment company that has elected to be treated as a business development company. The company provides customized debt and equity financing solutions to lower middle-market companies. Its investment objective is to provide attractive risk-adjusted returns by generating both current income from debt investments and capital appreciation from equity related investments. The company's portfolio of investments is comprised of securities of companies from different industries such as, Information Technology Services, Business Services, Healthcare Products among others.

Fidus Investment - Closed End trades on the NASDAQ stock market under the symbol FDUS.

As of April 19, 2024, FDUS stock price climbed to $19.96 with 116,294 million shares trading.

FDUS has a beta of 0.60, meaning it tends to be less sensitive to market movements. FDUS has a correlation of 0.20 to the broad based SPY ETF.

FDUS has a market cap of $627.27 million. This is considered a Small Cap stock.

Last quarter Fidus Investment - Closed End reported $36 million in Revenue and $.65 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.07.

In the last 3 years, FDUS stock traded as high as $21.26 and as low as $16.09.

The top ETF exchange traded funds that FDUS belongs to (by Net Assets): BIZD, KBWD, PBDC, VPC, URTY.

FDUS has outperformed the market in the last year with a price return of +22.7% while the SPY ETF gained +21.2%. FDUS has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +4.4% and +2.7%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

FDUS support price is $19.58 and resistance is $19.93 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FDUS stock will trade within this expected range on the day.