The price-to-earnings ratio for Runway Growth Finance Corp (NASDAQ: RWAY) is above average at 10.08x. The 36-month beta value for RWAY is also noteworthy at 0.53. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
The public float for RWAY is 36.92M, and at present, short sellers hold a 3.46% of that float. The average trading volume of RWAY on March 21, 2025 was 254.78K shares.
RWAY) stock’s latest price update
Runway Growth Finance Corp (NASDAQ: RWAY)’s stock price has plunge by -1.59relation to previous closing price of 10.70. Nevertheless, the company has seen a -4.01% plunge in its stock price over the last five trading sessions. globenewswire.com reported 2025-03-21 that MENLO PARK, Calif., March 21, 2025 (GLOBE NEWSWIRE) — Runway Growth Finance Corp. (Nasdaq: RWAY) (“Runway Growth” or the “Company”), a leading provider of flexible capital solutions to late- and growth-stage companies seeking an alternative to raising equity, today provided two operational updates. On March 18, 2025, the Company amended and extended its credit agreement with KeyBank National Association (“KeyBank”). In addition, the Board of Directors (the “Board”) has also expanded the size of the Board from five members to eight members, as previously disclosed.
RWAY’s Market Performance
RWAY’s stock has fallen by -4.01% in the past week, with a monthly drop of -9.38% and a quarterly rise of 0.86%. The volatility ratio for the week is 1.96% while the volatility levels for the last 30 days are 2.09% for Runway Growth Finance Corp The simple moving average for the last 20 days is -5.10% for RWAY stock, with a simple moving average of -3.72% for the last 200 days.
Analysts’ Opinion of RWAY
Compass Point, on the other hand, stated in their research note that they expect to see RWAY reach a price target of $11.25, previously predicting the price at $12.75. The rating they have provided for RWAY stocks is “Buy” according to the report published on August 15th, 2024.
BofA Securities gave a rating of “Neutral” to RWAY, setting the target price at $12 in the report published on June 28th of the previous year.
RWAY Trading at -6.67% from the 50-Day Moving Average
After a stumble in the market that brought RWAY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.80% of loss for the given period.
Volatility was left at 2.09%, however, over the last 30 days, the volatility rate increased by 1.96%, as shares sank -9.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.63% lower at present.
During the last 5 trading sessions, RWAY fell by -4.28%, which changed the moving average for the period of 200-days by -12.57% in comparison to the 20-day moving average, which settled at $11.09. In addition, Runway Growth Finance Corp saw -3.92% 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 RWAY starting from SPRENG R DAVID, who purchase 1,000 shares at the price of $10.34 back on Dec 19 ’24. After this action, SPRENG R DAVID now owns 70,532 shares of Runway Growth Finance Corp, valued at $10,340 using the latest closing price.
Raterman Thomas B., the insider of Runway Growth Finance Corp, purchase 8,803 shares at $10.18 during a trade that took place back on Nov 20 ’24, which means that Raterman Thomas B. is holding 209,511 shares at $89,615 based on the most recent closing price.
Stock Fundamentals for RWAY
Current profitability levels for the company are sitting at:
- 0.62 for the present operating margin
- 1.09 for the gross margin
The net margin for Runway Growth Finance Corp stands at 0.38. The total capital return value is set at 0.06. Equity return is now at value 7.53, with 3.85 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 3.64. The receivables turnover for the company is 18.89for trailing twelve months and the total asset turnover is 0.1.
Conclusion
In summary, Runway Growth Finance Corp (RWAY) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
