News Spotlight – Alcentra Capital Corporation (NASDAQ:ABDC)

Alcentra Capital Corporation (NASDAQ:ABDC) ended with change of 0.65% to $7.75 with the total traded volume of 28468 shares versus to an average volume of 84.83K. The stock was up in the 5 days activity 0.26%. The one month performance of stock was high 3.20%. ABDC shares are -6.96% for the quarter and driving a -41.21% over the course of the past year and is now down -7.63% since this point in 2018. The average volatility for the week and month was at 2.05% and 3.26% respectively.

Alcentra Capital Corporation (NASDAQ:ABDC) recently reported its financial results for the fourth quarter and full year of 2017.

Fourth Quarter 2017 Financial Summary

Total investment income of $8.2 million

Net investment income of $4.0 million, or $0.28 per share based on weighted average shares of common stock outstanding

Net decrease in net assets resulting from operations of ($13.4) million

Invested $36.8 million in debt securities; one new investment, one refinancing and one add on investment

Received proceeds from repayments of $15.7 million

Paid quarterly dividend for the Q4 2017 of $0.25 per share on January 4, 2018

On November 16, 2017, the Board of Directors expanded the open market stock repurchase program by $2.5 million to $5.0 million. Net asset value of $157.7 million, or $11.09 per share, which is down from $12.27 in the third quarter of 2017

Weighted Average Debt Portfolio Yield – 11.3%

Full Year 2017 Financial Summary

Total investment income of $33.4 million

Net Investment income of $18.3 million, or $1.32 per share

Net decrease in net assets resulting from operations of ($19.1) million

Invested $135.5 million in debt and equity securities, including investments in 4 new portfolio companies

Received proceeds from repayments of $90.1 million

Paid dividends totaling $1.30 per share (inclusive of $0.03 special dividend)

First Quarter 2018 Dividend

On March 8, 2018, the Company’s Board of Directors declared a quarterly dividend of $0.18 per share for the first quarter of 2018, which is payable on April 4, 2018 to stockholders of record as of March 30, 2018.

Shares of Alcentra Capital Corporation have been recently spotted trading -47.39% off of the 52-week high price. On the other end, company shares have been noted 10.72% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 7.00 – 14.73. Switching over to some distances from popular moving averages, we see that the stock has been recorded -2.49% away from the 50 day moving average and -22.68% away from the 200 day moving average. Moving closer, we can see that shares have been trading 2.31% off of the 20-day moving average.

Dorian Mcburney

Dorian Mcburney

Dorian Mcburney is an author, journalist and CEO of the website. He has more than 5 years of experience in institutional investment markets, including fixed income, equities, derivatives and real estate. He has a Bachelor in Business Administration with a major in Finance. He bought his first stocks in a private business at age 15 and made his first public stock trade at 23. He has always been interested in the stock market and how it behaves. As the dad of two children, he’s made saving money and investing for them a high priority. Over many years of investing, he has made some wise choices and he’s made many mistakes. But he’s learned from both. Mr. Dorian observations and experience give him the insight to stock market patterns and the investor behaviors that create them. He reports about Earnings news category. Address: 4946 Melody Lane, FARMINGTON, Minnesota Email: Contact number: 804-446-7372

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