Apollo Investment Corporation stock performance trend indicates that the stock price has rallied 8.19% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 9.31% . Looking at the past 52 week period, the stock price is up at 14.65% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Apollo Investment Corporation has a positive value of 0.69 compared to overall market.Apollo Investment Corporation is having a Relative Strength Index of 52.61 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Apollo Investment Corporation (NASDAQ:AINV) has tumbled 0.63% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 1.12% in the last four weeks. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.86%. Apollo Investment Corporation (NASDAQ:AINV) has underperformed the index by 0.04% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company shares have received an average consensus rating of Hold for the current week Apollo Investment Corporation (NASDAQ:AINV) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.12 points or 1.86% at $6.34 with 1,380,932 shares getting traded. Post opening the session at $6.35, the shares hit an intraday low of $6.28 and an intraday high of $6.37 and the price was in this range throughout the day. The company has a market cap of $1,393 million and the number of outstanding shares has been calculated to be 219,694,650 shares. The 52-week high of Apollo Investment Corporation (NASDAQ:AINV) is $6.58 and the 52-week low is $5.03.
Company has reported several Insider transactions to the SEC, on Aug 22, 2016, Hilary E. Ackermann (director) purchased 6,000 shares at 6.02 per share price.On Aug 17, 2016, Howard Widra (President) purchased 5,000 shares at 6.02 per share price.On Aug 16, 2016, Frank C Puleo (director) purchased 4,180 shares at 6.01 per share price.
Apollo Investment Corp. Last issued its quarterly earnings results on Feb 6, 2017. The company reported $0.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.16. The company had revenue of $68.07 million for the quarter, compared to analysts expectations of $69.76 million. The companys revenue was down -27.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.21 EPS.
Apollo Investment Corporation is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. The Companys investment portfolio will be principally in middle-market private companies.