Shares of TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) traded at a new 52-week high today of $16.05. This new high was reached on below average trading volume as 88,000 shares traded hands, while the average 30-day volume is approximately 128,000 shares.
TriplePoint Venture Growth BDC Corp. (NYSE:TPVG) defies analysts with a current price ($15.99) 2.2% above its average consensus price target of $15.64.
TriplePoint Venture Growth BDC Corp is a closed-end, non-diversified management investment company. Its investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation. The fund focuses on companies operating in the fields of biofuels, business applications software, wireless communications equipment, e-commerce, clothing and accessories, conferencing equipment and services, personal goods, financial institutions and services, entertainment, mixed retailing, and healthcare services.
In the past 52 weeks, TriplePoint Venture Growth BDC Corp. share prices are bracketed by a low of $6.68 and a high of $16.05 and is now at $15.99, 139% above that low price.
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