GAIN Stock Summary and Trading Ideas (Gladstone Investment - Business Development Company | NASDAQ:GAIN)

Gladstone Investment Corp is a business development company. The company's investment objective is to invest achieve and grow current income by investing in debt securities of established businesses that will provide stable earnings and cash flow, and provide its stockholders with long-term capital appreciation by investing in equity securities. The company's investment sectors include Business service/distribution, Consumer products, and manufacturing. Its portfolio consists of the following industries Conglomerate Services, Home and Office Furnishings, Housewares, Durable Consumer Products, Leisure, Motion Pictures, Entertainment, Conglomerate Manufacturing, Chemicals, Telecommunications, Aerospace and Defense, and others. Its investment activities are carried across the United States.

Gladstone Investment - Business Development Company trades on the NASDAQ stock market under the symbol GAIN.

As of April 17, 2024, GAIN stock price climbed to $13.95 with 85,548 million shares trading.

GAIN has a beta of 0.64, meaning it tends to be less sensitive to market movements. GAIN has a correlation of 0.12 to the broad based SPY ETF.

GAIN has a market cap of $500.67 million. This is considered a Small Cap stock.

Last quarter Gladstone Investment - Business Development Company reported $23 million in Revenue and $.26 earnings per share. This fell short of revenue expectation by $-739,000 and missed earnings estimates by -$.01.

In the last 3 years, GAIN stock traded as high as $17.15 and as low as $11.40.

The top ETF exchange traded funds that GAIN belongs to (by Net Assets): BIZD, VPC.

GAIN has underperformed the market in the last year with a return of +19.1%, while the SPY ETF gained +23.0%. In the last 3 month period, GAIN fell short of the market, returning -3.3%, while SPY returned +5.7%. However, in the most recent 2 weeks GAIN has outperformed the stock market by returning +0.8%, while SPY returned -3.5%.

GAIN support price is $13.67 and resistance is $13.95 (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 GAIN stock will trade within this expected range on the day.