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Zacks Investment Research upgraded Gladstone Capital Corporation (NASDAQ:GLAD) to Hold in a report released today.

Zacks Investment Research has upgraded Gladstone Capital Corporation (NASDAQ:GLAD) to Hold in a report released on 10/5/2016.

Just yesterday Gladstone Capital Corporation (NASDAQ:GLAD) traded 1.23% higher at $8.21. Gladstone Capital Corporation’s 50-day moving average is $8.34 and its 200-day moving average is $7.70. The last stock price is up 6.57% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 51,784 shares of GLAD traded hands, down from an average trading volume of 122,808

Recent Performance Chart

Gladstone Capital Corporation (NASDAQ:GLAD)

Gladstone Capital Corporation has 52 week low of $4.71 and a 52 week high of $9.09 and has a market capitalization of $0.

Brief Synopsis On Gladstone Capital Corporation (NASDAQ:GLAD)

Gladstone Capital Corporation is an externally managed, closed-end and non-diversified management investment company. The Company's investment objectives are to achieve and grow current income by investing in debt securities of established businesses that will provide earnings and cash flow to pay expenses, which make principal and interest payments on its indebtedness and make distributions to stockholders that grow over time, and to provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses that it can grow over time to permit customers to sell its equity investments for capital gains. Its investment portfolio is approximately 91.2% in debt investments and approximately 8.8% in equity investments. Its investment strategy is to invest in several categories of debt and equity securities. Gladstone Management Corporation is the investment advisor of the Company.

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