TriplePoint Venture Growth BDC Corp (TPVG) saw downtrend of 0.00% in the recent trading with $5.76 being its most recent. The current price level -40.77% lower than the highest price of $9.73 marked by the stock while trading over the past 52-weeks, whereas it is 4.16% higher than the lowest price of $5.53 the company dropped to over past 52-weeks. The latest news story on TPVG appeared in (Business Wire) under the title “TriplePoint Venture Growth BDC Corp. Investment Grade Rating and Stable Outlook Confirmed by Morningstar DBRS”.
Squeezing the time span to 30 day period shows us the stock is currently trading -24.80% below one month high and is +4.16% above of the lowest during that time. Looking into the simple moving average, TriplePoint Venture Growth BDC Corp (TPVG)’s stock stands at a SMA-50 of $7.49 while that of 5-day is reading $6.27.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and TPVG’s SMA-200 as of now is $7.58.
TriplePoint Venture Growth BDC Corp Earnings – What Happened With TPVG
Coming around sales and income figures on TPVG Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
TPVG – TriplePoint Venture Growth BDC Corp Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 40.14 million. TPVG does have institutional investors; and they hold 14.07% of the stock.
TriplePoint Venture Growth BDC Corp – Insider Activity and Holdings
As on 2024-06-30, INVESCO LTD. was the top most holder in TriplePoint Venture Growth BDC Corp (NYSE:TPVG) with an ownership of 1.06 million shares of the company or 2.7362 of the stake worth $8.51 million. The filing also reveals VAN ECK ASSOCIATES CORP as the second largest holder in the company with a control over 2.1863 of the outstanding shares. Its stake is worth $6.8 million for having 0.85 million shares in hand.
TWO SIGMA ADVISERS, LP also came holding a key position in the company during the recent quarter and it now holds 1.7953 of the outstanding shares. With this there are now 95.0 institutions which have possession in TPVG’s shares.
Technical Analysis of TriplePoint Venture Growth BDC Corp (NYSE:TPVG) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for TriplePoint Venture Growth BDC Corp (TPVG), we notice that the stock’s 20-day average volume is at 377,395 shares and 100% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 307,894 shares. And to end, TPVG’s 100-day average volume is 365,429 shares with 50% of the long-term indicators pointing towards Sell for the stock.
