Gladstone Investment Corporation is a business development company that seeks to make secured debt and equity investments in lower middle market businesses in the United States. The company is headquartered in Mclean, Virginia and currently employs 70 full-time employees. The company went IPO on 2005-06-23. The firm operates as an externally managed, closed-end, non-diversified management investment company. Its investment objectives are to achieve and grow current income by investing in debt securities of established businesses that it believes will provide stable earnings and cash flow to pay expenses, make principal and interest payments on its outstanding indebtedness and make distributions to stockholders that grow over time; and provide its stockholders with long-term capital appreciation in the value of its assets by investing in equity securities of established businesses, generally in combination with the aforementioned debt securities, that it believe can grow over time to permit them to sell its equity investments for capital gains. Its investment advisor is Gladstone Management Corporation.
Follow-Up Questions
What is Gladstone Investment Corp (GAINZ)'s P/E Ratio?
The P/E ratio of Gladstone Investment Corp is 8.2105
Who is the CEO of Gladstone Investment Corp?
Mr. David Gladstone is the Chairman of the Board of Gladstone Investment Corp, joining the firm since 2005.
What is the price performance of GAINZ stock?
The current price of GAINZ is $23.97, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Gladstone Investment Corp?
Gladstone Investment Corp belongs to Financial Services industry and the sector is Financials
What is Gladstone Investment Corp market cap?
Gladstone Investment Corp's current market cap is $916.1M
Is Gladstone Investment Corp a buy, sell, or hold?
According to wall street analysts, 8 analysts have made analyst ratings for Gladstone Investment Corp, including 3 strong buy, 4 buy, 4 hold, 0 sell, and 3 strong sell
