52-week low:
Set on Friday, 02/20/2009: 58 cents
Close on Friday, 02/20/2009: 59 cents
52-week high:
Set on 02/28/2008: $23.00
Side note:
ALD never dipped below $20/share during the time frame of November 2000 all the way through March of 2008; Since then it has all been downhill.
Recent Closing Prices:
December 18th: $1.59
January 6th: $4.80
January 27th: $3.60
January 30th: $1.56
February 17th: $1.10
February 19th: 70 cents
February 20th: 59 cents
About Allied Capital Corporation:
The Company’s investment objective is to achieve current income and capital gains. The Company is engaged in private equity business. They primarily invest in debt and equity securities of private companies in a variety of industries. From time to time, it may invest in companies that are public but lack access to additional public capital. They are a leading business development company (BDC) in the U.S. that is regulated under the Investment Company Act of 1940. Founded in 1958 and operating as a public company since 1960, Allied Capital has been investing in the U.S. entrepreneurial economy for 50 years. Allied Capital has a diverse portfolio of investments in 117 companies across a variety of industries.
Allied Capital operates its investment platform with a focus on principal investing and asset management across an array of complementary asset classes. At Semptember 30, 2008, our BDC had $4.6 billion in total assets invested in a portfolio of 117 middle market companies across a variety of industries. In addition, Allied Capital manages private funds focused on middle market investments with committed capital totaling $4.9 billion.
Website:
Allied Capital Corporation Website
4th Quarter Earnings results:
Scheduled for Monday, March 2nd, 2009.