• Return to Headlines

Gladstone Capital Shares Up 34.9% Since SmarTrend's Buy Recommendation (GLAD)

By David Diaz

SmarTrend identified an Uptrend for Gladstone Capital (NASDAQ:GLAD) on January 28th, 2016 at $6.37. In approximately 9 months, Gladstone Capital has returned 34.86% as of today's recent price of $8.58.

In the past 52 weeks, Gladstone Capital share prices have been bracketed by a low of $4.71 and a high of $9.25 and are now at $8.58, 82% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.4%.

Gladstone Capital Corporation is a business development company that invests in debt securities in small and medium sized companies. The Company provides senior term loans, senior subordinated loans and junior subordinated loans to established private businesses.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Gladstone Capital shares.

Log in and add Gladstone Capital (GLAD) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights gladstone capital

Ticker(s): GLAD