Home / Business / Mix Cap Volatile Mover: Apple Inc. (NASDAQ:AAPL), PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT)

Mix Cap Volatile Mover: Apple Inc. (NASDAQ:AAPL), PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT)

Apple Inc. (NASDAQ:AAPL) [Trend Analysis] surged reacts as active mover, shares a gain 0.06% to traded at $111.80 and the percentage gap among open changing to regular change was 0.20%. Apple Teases One-Day Black Friday Shopping Event. Black Friday, celebrated on the day following Thanksgiving Day in the US, is usually accompanied by great accords from various store retailers across the country as well as online. Even though Apple Inc. might not have a reputation of offering large discounts on its products for Black Friday, the Cupertino-based firm does offer gift cards to celebrate the occasion.

However, an early teaser seems to indicate that Apple might have something extra in store for this year. A new dedicated webpage on the firm’s site teases a one-day shopping event on Friday this week. Even though the firm doesn’t reveal too much about the sale on its webpage, it does suggest various gift options such as iPhone 7, iPhone 7 cases, Apple Watch, iPad Pro and other products from the firm for the holiday season. The firm’s current ratio calculated as 1.40 for the most recent quarter. The firm past twelve months price to sales ratio was 2.76 and price to cash ratio remained 8.87. As far as the returns are concern, the return on equity was recorded as 35.60% and return on investment was 20.60% while its return on asset stayed at 14.90%. The firm has total debt to equity ratio measured as 0.68.

PennantPark Floating Rate Capital Ltd. (NASDAQ:PFLT) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it remains unchanged to close at $13.48 with the total traded volume of 51021 shares. PennantPark Floating Rate Capital Ltd. (NASDAQ: PFLT) reported recently financial results for the fourth quarter and fiscal year ended September 30, 2016. The firm reported that Sales and repayments of investments for the three months ended September 30, 2016 and 2015 totaled $67.1 million and $48.9 million, respectively. Net realized gains (losses) totaled $0.6 million and less than $(0.1) million for the same periods, respectively.

Sales and repayments of investments for the fiscal years ended September 30, 2016 and 2015 totaled $164.2 million and $195.0 million, respectively, and net realized (losses) gains totaled $(1.4) million and $0.4 million, respectively. The decrease in realized gains compared to the previous year was driven by changes in market conditions for our investments. The firm has institutional ownership of 31.90%, while insider ownership included 4.06%. Its price to sales ratio ended at 9.25. PFLT attains analyst recommendation of 2.50 with week performance of 2.08%.

 

About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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