Apollo Investment Has Returned 17.1% Since SmarTrend Recommendation (AINV)
SmarTrend identified an Uptrend for Apollo Investment (NASDAQ:AINV) on June 7th, 2012 at $7.64. In approximately 8 months, Apollo Investment has returned 17.08% as of today's recent price of $8.95.
In the past 52 weeks, shares of Apollo Investment have traded between a low of $6.55 and a high of $9.06 and are now at $8.95, which is 37% above that low price. The 200-day and 50-day moving averages have moved 0.19% higher and 0.48% higher over the past week, respectively.
Apollo Investment Corporation is a closed-end management investment company incorporated in the USA. The Company generates both current income and capital appreciation through debt and equity investments.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Apollo Investment shares.
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