Is This Stock a Screaming Buy: Fidus Investment Corporation (NASDAQ:FDUS)

Equity Research firms currently have a positive stance on shares of Fidus Investment Corporation (NASDAQ:FDUS). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.40. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $16.38 on a short term basis.

At the time of writing, the stock was trading at $15.77. This represents a change from the opening price of -0.19%. In terms of performance, year to date, the stock is 24.45%. The monthly stock performance comes in at -1.93%. For the quarter, shares are performing at 4.30%. Weekly performance analysis shows the equity at -0.06%.

In taking a look at technical levels, shares are trading 0.88% away from the 50 day simple moving average and 9.75% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -2.59% away from it’s 52- week high and 50.05% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Fidus Investment Corporation’s RSI stands at 52.59. In looking at volatility levels, the shares saw weekly volatility of 0.98% and 1.60% over the past month.

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