The stock of TriplePoint Venture Growth BDC Corp (TPVG) has seen a -6.30% decrease in the past week, with a -2.64% drop in the past month, and a 9.01% flourish in the past quarter. The volatility ratio for the week is 1.69%, and the volatility levels for the past 30 days are at 1.81% for TPVG. The simple moving average for the last 20 days is -5.00% for TPVG stock, with a simple moving average of -6.79% for the last 200 days.
Is It Worth Investing in TriplePoint Venture Growth BDC Corp (NYSE: TPVG) Right Now?
The price-to-earnings ratio for TriplePoint Venture Growth BDC Corp (NYSE: TPVG) is above average at 38.70x, Company’s 36-month beta value is 1.88.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 8 as “hold,” and 0 as “sell.”
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The public float for TPVG is 39.48M, and currently, short sellers hold a 4.37% ratio of that floaft. The average trading volume of TPVG on December 13, 2024 was 343.15K shares.
TPVG) stock’s latest price update
The stock of TriplePoint Venture Growth BDC Corp (NYSE: TPVG) has decreased by -3.85 when compared to last closing price of 8.05. Despite this, the company has experienced a -6.30% fall in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-12 that Preferred shares rallied, as predicted. Finding value is getting much harder. There are some common shares trading at discounts. Some big, some tiny. I would be interested in a few of the agency mortgage REITs, but the ones I would prefer remain unavailable. The valuation between those good ones and some of the weaker ones (as measured by things like destruction of shareholder wealth and me not liking them) is still small sometimes.
Analysts’ Opinion of TPVG
Many brokerage firms have already submitted their reports for TPVG stocks, with Keefe Bruyette repeating the rating for TPVG by listing it as a “Mkt Perform.” The predicted price for TPVG in the upcoming period, according to Keefe Bruyette is $7.50 based on the research report published on November 07, 2024 of the current year 2024.
Ladenburg Thalmann, on the other hand, stated in their research note that they expect to see TPVG reach a price target of $8, previously predicting the price at $8.50. The rating they have provided for TPVG stocks is “Neutral” according to the report published on August 09th, 2024.
Wells Fargo gave a rating of “Underweight” to TPVG, setting the target price at $8.50 in the report published on May 29th of the current year.
TPVG Trading at 4.33% from the 50-Day Moving Average
After a stumble in the market that brought TPVG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.16% of loss for the given period.
Volatility was left at 1.81%, however, over the last 30 days, the volatility rate increased by 1.69%, as shares sank -2.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.30% upper at present.
During the last 5 trading sessions, TPVG fell by -6.60%, which changed the moving average for the period of 200-days by -28.43% in comparison to the 20-day moving average, which settled at $8.15. In addition, TriplePoint Venture Growth BDC Corp saw -28.73% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TPVG starting from Srivastava Sajal, who purchase 24,083 shares at the price of $7.09 back on Aug 13 ’24. After this action, Srivastava Sajal now owns 274,941 shares of TriplePoint Venture Growth BDC Corp, valued at $170,676 using the latest closing price.
Srivastava Sajal, the President of TriplePoint Venture Growth BDC Corp, purchase 11,298 shares at $7.02 during a trade that took place back on Aug 12 ’24, which means that Srivastava Sajal is holding 250,858 shares at $79,311 based on the most recent closing price.
Stock Fundamentals for TPVG
Current profitability levels for the company are sitting at:
- 0.57 for the present operating margin
- 0.52 for the gross margin
The net margin for TriplePoint Venture Growth BDC Corp stands at 0.34. The total capital return value is set at 0.02.
When we switch over and look at the enterprise to sales, we see a ratio of 8.66.
Conclusion
In a nutshell, TriplePoint Venture Growth BDC Corp (TPVG) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
