New Mountain Finance Corporation (NYSE:NMFC) went up by 23.72% from its latest closing price when compared to the 1-year high value of $14.45 and move down -92.41%, while NMFC stocks collected +18.45% of gains with the last five trading sessions. Press Release reported on 02/26/20 that New Mountain Finance Corporation Announces Financial Results for the Quarter and Year Ended December 31, 2019 and Declares First Quarter 2020 Distribution of $0.34 Per Share

New Mountain Finance Corporation (NYSE:NMFC) Worth an Investment?

New Mountain Finance Corporation (NYSE: NMFC) scored price to earnings ratio above its average ratio, recording 6.14 times of increase in earnings at the present.

NMFC Market Performance

NMFC stocks went up by 18.45% for the week, with the monthly drop of -44.86% and a quarterly performance of -45.46%, while its annual performance rate touched -44.33%. The simple moving average for the period of the last 20 days is -27.00% for NMFC stocks with the simple moving average of -43.89% for the last 200 days.

Analysts’ Opinion on New Mountain Finance Corporation (NYSE:NMFC)

Many brokerage firms have already submitted their reports for NMFC stocks, with National Securities repeating the rating for NMFC shares by setting it to “Buy”. The predicted price for NMFC socks in the upcoming period according to National Securities is based on the research report published on March 17, 2020.

National Securities, on the other hand, stated in their research note that they expect to see NMFC stock at the price of $12.50. The rating they have provided for NMFC stocks is “Neutral” according to the report published on March 6, 2020.

BofA/Merrill gave “Buy” rating to NMFC stocks, setting the target price at $14.50 in the report published on February 3, 2020.

NMFC Stocks -40.44% Far from 50 Day Moving Average

After a stumble in the market that brought NMFC to its low price for the period of the last 52 weeks, New Mountain Finance Corporation was unable to take a rebound, for now settling with -48.03% of loss for the given period.

The stock volatility was left at 12.90%, however, within the period of a single month, the volatility rate increased by 26.13%, while the shares sank at the distance of -45.18% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -46.40% lower at the present time.

In the course of the last 5 trading sessions, NMFC went up by +18.45%, which changed the moving average for the period of 200 days to the total of -47.63% of losses for the stock in comparison to the 20-day moving average settled at $9.98. In addition, New Mountain Finance Corporation saw -45.34% in overturn over the period of a single year with a tendency to cut further losses.

NMFC Stock Insider Trading

Reports are indicating that there were more than several insider trading activities at New Mountain Finance Corporation (NMFC), starting from Jerry Karrie J., who bought 350 shares at the price of $9.79 back on Mar 12. After this action, Rushing now owns 6,394 shares of New Mountain Finance Corporation, valued at $3,428 with the latest closing price.

Weinstein Adam, the EVP, CAO and Director of New Mountain Finance Corporation, bought 35,000 shares at the value of $9.96 during a trade that took place back on Mar 12, which means that Weinstein Adam is holding 203,707 shares at the value of $348,750 based on the most recent closing price.

NMFC Stock Fundamentals

The current profitability levels are settled at +40.58 for the present operating margin and +74.73 for gross margin. The net margin for New Mountain Finance Corporation stands at +40.58.