Monroe Capital (NASDAQ:MRCC) Shares Cross Below 200 Day Moving Average - Should You Sell?

Monroe Capital Corporation (NASDAQ:MRCC - Get Free Report)'s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $6.13 and traded as low as $4.91. Monroe Capital shares last traded at $5.0490, with a volume of 131,530 shares changing hands.Get Monroe Capital alerts:Wall Street Analysts Forecast GrowthSeparately, Weiss Ratings downgraded Monroe Capital from a "hold (c-)" rating to a "sell (d+)" rating in a report on Wednesday, April 1st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of "Sell".Get Our Latest Report on MRCCMonroe Capital Price PerformanceThe stock has a fifty day moving average price of $5.26 and a 200-day moving average price of $6.13. The company has a debt-to-equity ratio of 1.15, a quick ratio of 2.35 and a current ratio of 2.35. The firm has a market capitalization of $109.39 million, a PE ratio of -21.95 and a beta of 0.82. Monroe Capital (NASDAQ:MRCC - Get Free Report) last announced its earnings results on Thursday, March 5th. The financial services provider reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.02. Monroe Capital had a positive return on equity of 6.59% and a negative net margin of 13.52%.The firm had revenue of $8.16 million for the quarter, compared to the consensus estimate of $7.90 million. Sell-side analysts forecast that Monroe Capital Corporation will post 1.14 EPS for the current fiscal year. Monroe Capital Cuts DividendThe firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 7.1%. The ex-dividend date was Monday, March 16th. Monroe Capital's payout ratio is -156.52%. Institutional Inflows and OutflowsSeveral institutional investors and hedge funds have recently added to or reduced their stakes in MRCC. Almitas Capital LLC grew its stake in Monroe Capital by 817.4% during the 4th quarter. Almitas Capital LLC now owns 999,044 shares of the financial services provider's stock worth $6,364,000 after buying an additional 890,139 shares during the last quarter. Bulldog Investors LLP purchased a new position in Monroe Capital during the 3rd quarter worth $4,570,000. Caprock Group LLC purchased a new position in Monroe Capital during the 3rd quarter worth $3,239,000. Quadrant Capital Group LLC grew its stake in Monroe Capital by 2,345.1% during the 4th quarter. Quadrant Capital Group LLC now owns 206,584 shares of the financial services provider's stock worth $1,316,000 after buying an additional 198,135 shares during the last quarter. Finally, Yakira Capital Management Inc. grew its stake in Monroe Capital by 353.9% during the 4th quarter. Yakira Capital Management Inc. now owns 129,809 shares of the financial services provider's stock worth $827,000 after buying an additional 101,210 shares during the last quarter. Monroe Capital Company Profile (Get Free Report)Monroe Capital Corporation NASDAQ: MRCC is a publicly traded business development company that specializes in providing flexible debt financing solutions to middle-market companies across North America. The firm structures and underwrites a range of senior secured loans, unitranche financings, second-lien loans, mezzanine debt and equity co-investments. Monroe Capital's offerings are designed to support corporate growth, acquisitions, recapitalizations and refinancings across diverse industries, including business services, healthcare, manufacturing and specialty finance. Headquartered in Chicago, Illinois, Monroe Capital was founded in 2004 and has since built a national footprint by maintaining offices in key U.S.Read MoreFive stocks we like better than Monroe CapitalThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Monroe Capital Right Now?Before you consider Monroe Capital, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Monroe Capital wasn't on the list.While Monroe Capital currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here