Pennantpark $ ( (PFLT) ) has provided an update.
On April 15, 2025, Frank Galea resigned as Chief Compliance Officer of PennantPark Floating Rate Capital Ltd. with no disagreements reported regarding company operations, policies, or practices. Gerald Cummins, a seasoned professional with a background at ACA Group and Alaric Compliance Services, has been appointed as his successor, indicating a smooth transition in the company’s compliance leadership.
Spark’s Take on PFLT Stock
According to Spark, TipRanks’ AI Analyst, PFLT is a Outperform.
PennantPark’s stock is moderately attractive with strong profitability and a solid balance sheet but requires careful management of cash flow issues. The valuation is compelling due to a low P/E ratio and high dividend yield. The positive earnings call further supports a favorable view, although technical indicators suggest caution.
To see Spark’s full report on PFLT stock, click here.
More about Pennantpark $
YTD Price Performance: -9.89%
Average Trading Volume: 1,588,232
Technical Sentiment Signal: Buy
Current Market Cap: $847M
See more insights into PFLT stock on TipRanks’ Stock Analysis page.