Saratoga Investment Corp. is a publicly traded corporation based in the United States, traded under the symbol SAR on the NYSE. As of 3 February 2023, the company’s market capitalization stands at $324.6 million with 11,890,500 shares outstanding. This indicates that investors are willing to pay a premium for each share of Saratoga Investment Corp., as it is trading above its 50-day and 200-day moving averages of 26.48 and 24.71 respectively.
The company’s stock has shown significant volatility over the past two months, ranging from a low of $20.16 on 1 January 2023 to its current high of $27.44 on 3 February 2023, representing an increase of 36% since the start of this year. Additionally, the stock has seen a 0.15% (or 0.04) increase from its previous close on 2 February 2023 and an estimated earnings per share of 1.15 for the current financial year, giving it a price-earnings ratio (P/E) of 23.74x which is above industry average and indicating that investors are speculating potential future growth for Saratoga Investment Corp..
Overall, Saratoga Investment Corp.’s financial status appears to be quite healthy with their stock performing well despite significant volatility in recent weeks and their earnings showing potential for further growth in upcoming periods. Investors should take these factors into consideration when making decisions regarding whether or not to invest in Saratoga Investment Corp., as its current market capitalization may represent a good buying opportunity if they feel confident in management’s ability to achieve future success driven by strong fundamentals and consistent financial performance over time.
