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Weakness Seen in Full Circle Capital (FULL): Stock Tanks 15.4%

Zacks Equity Research

Full Circle Capital Corporation (FULL) saw a big move in the last trading session, as the company’s shares fell by over 15% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $8.15 to $9.20 in the past one-month time frame.

This slump shouldn’t be too much of a surprise to investors, as the company, a closed-end investment firm, has seen 1 negative revision in the past few weeks and its current year earnings consensus has also moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

FULL currently holds a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Investors interested in the Finance industry may consider better-ranked stocks like Safeguard Scientifics, Inc. (SFE), Apollo Investment Corporation (AINV) and PennantPark Investment Corporation (PNNT). While Safeguard holds a Zacks Rank #1 (Strong Buy), Apollo and PennantPark carry a Zacks Rank #2 (Buy).    

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FULL CIRCLE CAPITAL CORP (FULL): Free Stock Analysis Report

PENNANTPARK INVESTMENT CORP (PNNT): Free Stock Analysis Report

SAFEGUARD SCIENTIFICS INC (SFE): Free Stock Analysis Report

APOLLO INVESTMENT CP (AINV): Free Stock Analysis Report


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