Alert: Positive Investment/Fundamental Signals (11/10/23)-Fidus Investment Corp (NASDAQ: FDUS)


Fidus Investment Corp (NASDAQ: FDUS) has recently enjoyed extremely important positive changes in investment behavior: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and its shorter term price trend turned up.

Marginal positive changes in fundamentals have recently occurred for Fidus Investment Corp (NASDAQ: FDUS): the consensus estimate for December, 2024 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

FDUS is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Fidus Investment has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Fidus Investment has a slightly positive Appreciation Score of 64 and a good Power Rating of 77, resulting in the Positive Value Trend Rating.

Recent Price Action

On 11/10/23, Fidus Investment Corp (NASDAQ: FDUS) stock rose modestly by 0.5%, closing at $19.34. Relative to the market the stock has been strong over the last nine months and has risen 1.8% during the last week.

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