Princeton Capital (OTCMKTS:PIAC) Trading 1.7% Higher – Still a Buy?

Princeton Capital Co. (OTCMKTS:PIACGet Free Report) was up 1.7% on Wednesday . The stock traded as high as $0.13 and last traded at $0.12. Approximately 13,900 shares traded hands during mid-day trading, an increase of 64% from the average daily volume of 8,479 shares. The stock had previously closed at $0.12.

Princeton Capital Price Performance

The company’s fifty day simple moving average is $0.13 and its 200 day simple moving average is $0.15.

About Princeton Capital

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Princeton Capital Corporation is a business development company specializing in the private equity investments. The fund specializes in making investments in lower middle market in form of mezzanine, mezzanine debt, first lien loans, second lien loans, notes, bonds, subordinated debt, leverage buyouts, add on acquisitions, recapitalization, refinancings, growth financing and debt financing investments.

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