Apollo Investment Corporation (NASDAQ:AINV) went down by -1.66% during the previous trading session, and it is maintaining the win ahead of Friday’s trading session. The share price of the Asset Management giant went up by $10.10 to trade ended Friday trading at $10.27. This is down from the $10.27 price recorded on Thursday’s trading session. Its performance from the start of the year has also been negative, with AINV down by -42.15% year-to-date.
Apollo Investment Corporation (AINV) started the day trading at $10.42 and recorded an intraday high of $10.42. It also recorded an intraday low of $9.91 during Friday’s trading session. Apollo Investment Corporation is a very active stock that recorded a trading volume that is more than 20.34% of the average daily trading volume on Friday. The stock’s trading volume on Friday was 1216879, which is more than 20.34 of the total average daily trading volume of 969.36K.
Apollo Investment Corporation (NASDAQ:AINV) 2020 Performance Impressive
The increase in AINV’s stock price on Friday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of AINV currently stands at $18.33, which is higher than the current trading price of the stock by 44.9%. However, AINV’s current trading price is -94.23% lower than the 52-week low price of $5.20. In terms of trading volume, Apollo Investment Corporation currently experienced healthy participation during the last trading session. 1216879 shares of Apollo Investment Corporation were traded on the stock exchange on Friday, which is more than 20.34% of the 969.36K average trading volume of the stock.
The performance of the stock has been positive over the past year. AINV’s performance over the past one year has seen it plunge by -36.16%, while the stock has gone down by -44.20% in the last six months. The quarterly performance of AINV currently stands at 30.32%, and it is up by 10.50% in the last month. The only negative figure was from the weekly performance, which currently reads -6.74%. At the time of writing AINV’s report, the company has a total market cap of $670.24M, making it one of the largest publicly-traded companies in the world.
AINV Insider Activities
For Apollo Investment Corporation, insiders hold 36.20% of all company shares. The insider transactions over the past six months are up by 35.40%. After these transactions, insiders at Apollo Investment Corporation now hold 361.54k shares, which is over 37.83% of the total company stocks. Institutional investors currently hold a large chunk of the AINV shares, as they control 0.55% of the company’s total stock.
AINV Fundamental Analysis
For Apollo Investment Corporation, the stock’s diluted earnings per share (EPS) stands at -1.77. In the coming year, analysts expect the EPS to be 1.64. The EPS growth will up over the next five years to 3.00% after plunging by -29.80% in the previous five years. In terms of revenue, Apollo Investment Corporation’s quarterly sales (YOY) is growing at 0.46, which is higher than the average annual revenue of -29.80% over the past half a decade.
The Return on Investment (ROI) on Apollo Investment Corporation’s stock currently stands at 5.00%, and it has a net profit margin of -41.90%. The operating margin of the company is 50.90%, and its gross margin is 58.20%.
AINV Analysts Prediction
In May 22, 2020, several analysts reiterated their positions on the Apollo Investment Corporation stock and predicted its performance to their investors. The analysts at Citigroup believe AINV is still a Sell and set the price target between $6 and $7. RBC Capital Mkts reiterate their Sector Perform position on the stock ($21 and $17)
At the moment, Apollo Investment Corporation’s Total Debt to Equity ratio stands at 1.75, and they have a long-term Debt to Equity ratio of 1.75.
AINV Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of AINV currently stands at -5.09%, while the SMA50 is 9.34%. The biggest one is the SMA200, which is currently reading -27.50% ahead of Friday’s trading session. The Relative Strength Index of this stock is 50.12.