JOLTS Job Openings (Jun) 7.44M vs 7.5M Expected
In a notable performance, Manhattan Bridge Capital, Inc. (NASDAQ:LOAN) stock has reached a 52-week high, touching $5.9 amidst a bullish market sentiment. InvestingPro analysis indicates the company maintains a "GREAT" financial health score, supported by an attractive 7.9% dividend yield and 13 consecutive years of dividend payments. This peak represents a significant milestone for the company, reflecting investor confidence and a positive outlook on its financial health. The stock has actually delivered a remarkable 25% total return over the past year, trading at a moderate P/E ratio of 12. InvestingPro subscribers have access to 8 additional key insights about LOAN’s growth potential and market position. Investors are closely monitoring the stock as it sustains its upward trajectory, with many attributing the rise to the company’s strategic initiatives and robust market positioning.
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