Shares of Main Street Capital Corporation (NYSE:MAIN) traded today at $46.44, eclipsing its 52-week high. This new high was reached on below average trading volume as 167,000 shares traded hands, while the average 30-day volume is approximately 239,000 shares.
Main Street Capital Corporation (NYSE:MAIN) defies analysts with a current price ($45.92) 91.6% above its average consensus price target of $3.86.
In the past 52 weeks, Main Street Capital Corporation share prices are bracketed by a low of $28.75 and a high of $46.44 and is now at $45.92, 60% above that low price.
Main Street Capital Corp is an investment firm engaged in providing customized debt and equity financing to lower middle market companies and debt capital to middle market companies. The investment portfolio of the company is typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. The group invests in secured debt investments, equity investments, warrants and other securities of the lower middle market and middle market companies based in the US. Business is functioned through the U.S region and it derives the majority of the income from the source of fee, commission, and interest.
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