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0.00142450142450139 0.00142450142450139 0.00142450142450139 0.00427350427350431 0.0071225071225071 0.0227920227920228 0.00356125356125349 -0.00138176638176645
Stock impact report

PennantPark Floating Rate Capital: A BDC Trading At Half Its NAVPS Because Of Market Fear [Seeking Alpha]

PennantPark Floating Rate Capital Ltd. (PFLT) 
Last pennantpark floating rate capital ltd. earnings: 2/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: pennantpark.com/our-funds/pflt
Company Research Source: Seeking Alpha
According to PennantPark Floating Rate Capital's (NASDAQ:PFLTCurrent COVID-19 Precaution Taken By ManagementOperationsIn early March of this year, the whole PennantPark team began working from home. The transition from working in its office to working remotely, according to the company'sletterWe are currently fully capable of maintaining our normal functionality to complete our operational requirements.Next, I understood from its letter that the team is contacting both its portfolio companies and its lenders to be proactive during this challenging economy. By being proactive, I feel that it was able to pre-identify which loans will have issues and which ones will not have problems in the short-term. Given a fully operational staff that are well informed and fully capable of analyzing their investments, they made insider purchases as disclosed below. In my opinion, insider purchases occurred after the massive drop in the share price and probably, after they had a good idea of any possi Show less Read more
Impact Snapshot
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