Investcorp Credit Management BDC (NASDAQ:ICMB) Posts Earnings Results

Investcorp Credit Management BDC (NASDAQ:ICMB) issued its earnings results on Tuesday. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.05), Zacks reports. The firm had revenue of $4.78 million during the quarter, compared to analyst estimates of $5.45 million. Investcorp Credit Management BDC had a net margin of 18.53% and a return on equity of 9.83%.

Investcorp Credit Management BDC Price Performance

Shares of NASDAQ:ICMB traded up $0.01 during trading on Thursday, reaching $3.22. The stock had a trading volume of 6,173 shares, compared to its average volume of 33,793. The stock has a market capitalization of $46.33 million, a PE ratio of 9.75 and a beta of 1.72. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.00 and a quick ratio of 1.00. Investcorp Credit Management BDC has a 52 week low of $2.91 and a 52 week high of $3.67. The business’s 50-day moving average price is $3.17 and its 200 day moving average price is $3.14.

About Investcorp Credit Management BDC

Investcorp Credit Management BDC, Inc is a business development company specializing in loan, mezzanine, middle market, growth capital, acquisitions, market/product expansion, organic growth, refinancings and recapitalization investments. It also selectively invests in mezzanine loans/structured equity and in the equity of portfolio companies through warrants and other instruments, in most cases taking such upside participation interests as part of a broader investment relationship.