PennantPark Investment (PNNT) Enters Oversold Territory

PennantPark Investment Corp. ’s ( PNNT) share price has entered into oversold territory with an RSI value of 29.1. The Zacks Consensus Estimate for PennantPark Investment for the full year period has remained flat over the past two months at $1.12 per share. Currently, PennantPark Investment has a Zacks Rank #2 (Buy), suggesting that now might be a good time to get in on ( PNNT) after its recent drop.




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