Palmer Square Capital BDC (NYSE:PSBD) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Palmer Square Capital BDC (NYSE:PSBD) released its quarterly earnings data on Thursday. The company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.01), Zacks reports. Palmer Square Capital BDC had a net margin of 41.67% and a return on equity of 11.97%.

Palmer Square Capital BDC Stock Performance

NYSE:PSBD traded up $0.19 on Thursday, reaching $15.47. The company’s stock had a trading volume of 8,695 shares, compared to its average volume of 21,302. The firm has a market cap of $505.18 million and a PE ratio of 8.05. The business’s 50-day moving average price is $15.60 and its two-hundred day moving average price is $15.91. Palmer Square Capital BDC has a 1-year low of $14.99 and a 1-year high of $17.09.

About Palmer Square Capital BDC

Palmer Square Capital BDC Inc is an externally managed, non-diversified closed-end management investment company which primarily lends to and invests in corporate debt securities, including small to large private U.S. companies and has elected to be regulated as a business development company. Palmer Square Capital BDC Inc is based in MISSION WOODS, Kan.