Apollo Investment Corporation (AINV) : During the past 4 weeks, traders have been relatively bearish on Apollo Investment Corporation (AINV), hence the stock is down -4.25% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.19% relative to the S&P 500. The 4-week change in the price of the stock is -4.76% and the stock has fallen -1.02% in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.37% and the 50-Day Moving Average is 0.13%.The 200 Day SMA reached 11.32%
Apollo Investment Corporation (NASDAQ:AINV): The stock was completely flat for the day, closing at $5.80 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $5.79, the stock touched an intraday high of $5.90 and a low of $5.78. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $5.80. The total trading volume on Friday was 1,152,871.
Apollo Investment Corporation (AINV) : The highest level Apollo Investment Corporation (AINV) is projected to reach is $8 for the short term and the lowest estimate is at $5. The consolidated price target from 7 rating analysts who initiate coverage on the stock is $6.04 and the possibility the share price can swing is $0.8.
Apollo Investment Corporation (Apollo Investment) is a closed-end, externally managed, non-diversified management investment company. The Companys investment objective is to generate current income and capital appreciation. The Company invests primarily in various forms of debt investments, including secured and unsecured debt, loan investments and/or equity in private middle-market companies. It may also invest in the securities of public companies and structured products, such as collateralized loan obligations (CLOs) and credit-linked notes (CLNs). It invests in middle-market, which include companies with annual revenues between $50 million and $2 billion. It may also invest a portion of the portfolio in other investment opportunities, including foreign securities and structured products. Apollo Investment Management, L.P. is the Companys investment adviser.