AINV’s share price is prone to violent swing
Analysts at Argus downgrade Apollo Investment Corporation (NASDAQ: AINV) from "buy" to "sell."
AINV’s net investment income (NII)(FREE stock trend analysis) for Q2 marked a slight y/y decline. AINV has low liquidity. The company indicted that its risk/return assessments point towards the company rejecting more investment opportunities each quarter than it pursues.
Apollo Investment’s share price is prone to violent swing around the time the company releases its quarterly earnings reports. Argus would be dropping AINV’s stock from its coverage in three months.
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Posted-In: ArgusAnalyst Color Downgrades Analyst Ratings