Notable Stock to Watch: Main Street Capital Corporation (NYSE:MAIN)

Main Street Capital Corporation (NYSE:MAIN) changed -1.39% to recent value of $43.12. The stock transacted 269270 shares during most recent day however it has an average volume of 236.3K shares. It spotted trading -1.78% off 52-week high price. On the other end, the stock has been noted 35.77% away from the low price over the last 52-weeks.

 On Aug. 27, 2019, Main Street Capital Corporation (NYSE:MAIN) is pleased to released that it recently completed a new portfolio investment to facilitate the recapitalization of Analytical Systems Keco, LLC (ASK or the Company), a leading manufacturer and designer of liquid and gas sensor analyzers for refineries, pipelines, chemical plants, and gas processing plants. Main Street, along with its co-investors, partnered with the Company’s senior management team to facilitate the recapitalization and provide growth capital, with Main Street funding $8.8 million in a combination of first-lien, senior secured term debt and a direct equity investment. In addition, Main Street and one of its co-investors are providing ASK a credit facility to support its future growth initiatives and working capital needs.

Founded in 1984, and headquartered in Houston, Texas, ASK ( is a third-generation family-owned business with a long-term customer base in the United States and various international markets. The Company’s analyzers serve mission-critical applications in ensuring safety and compliance for their end-users, with the ability to detect contaminants in liquids and gases, such as H2S (hydrogen sulfide), carbon dioxide, sulfur, and oil hydrocarbons.

 MAIN has a gross margin of 80.60% and an operating margin of 66.30% while its profit margin remained 65.70% for the last 12 months. Its earnings per share (EPS) expected to touch remained -5.60% for this year while earning per share for the next 5-years is expected to reach at 7.00%.

 The company has 63.54M of outstanding shares and 59.4M shares were floated in the market.  The price moved ahead of 1.05% from the mean of 20 days, 2.68% from mean of 50 days SMA and performed 11.14% from mean of 200 days price. Company’s performance for the week was -0.81%, 3.16% for month and YTD performance remained 28.30%.

John Gonzalez covers business and finance news. He is the only person we trust to provide breaking news in the finance category. Having already completed an Associates Degree in Psychology, John Gonzalez is now finishing his Bachelor’s degree in Communications. In preparation for working in the advertisement sector, John is writing financial content and analysis. On a daily basis, he works on articles regarding the following topics: business, top trends, technology, and politics.

Address: 7302 Benton Street, Arvada, CO 80003, USA


Zip Code: 80003

Phone Number: 303-420-7222

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