GLAD Stock Summary and Trading Ideas (Gladstone Capital - Closed End | NASDAQ:GLAD)

Gladstone Capital Corp is an externally managed, closed-end, non-diversified management investment company. Its investment objectives are to, achieve and grow current income by investing in debt securities of established businesses that would provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time; and provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses that can grow over time to permit it to sell its equity investments for capital gains.

Gladstone Capital - Closed End trades on the NASDAQ stock market under the symbol GLAD.

As of April 25, 2024, GLAD stock price declined to $21.22 with 80,886 million shares trading.

GLAD has a beta of 0.52, meaning it tends to be less sensitive to market movements. GLAD has a correlation of 0.10 to the broad based SPY ETF.

GLAD has a market cap of $461.63 million. This is considered a Small Cap stock.

Last quarter Gladstone Capital - Closed End reported $23 million in Revenue and $.54 earnings per share. This fell short of revenue expectation by $-169,000 and missed earnings estimates by -$.02.

In the last 3 years, GLAD stock traded as high as $25.56 and as low as $16.42.

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

GLAD has underperformed the market in the last year with a return of +23.4%, while the SPY ETF gained +25.6%. In the last 3 month period, GLAD fell short of the market, returning +0.9%, while SPY returned +3.5%. However, in the most recent 2 weeks GLAD has outperformed the stock market by returning +3.5%, while SPY returned -2.8%.

GLAD support price is $20.93 and resistance is $21.55 (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 GLAD stock will trade within this expected range on the day.