GAIN
Gladstone Investment Corporation Financial Services - BDC Investor Relations →
Gladstone Investment Corporation (GAIN) closed at $14.78 as of 2026-06-19, trading 30.7% above its 200-week moving average of $11.31. The stock is currently moving closer to the line, down from 36.2% last week. The 14-week RSI sits at 59, indicating neutral momentum.
Trading volume is running at 1.0x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.93 ratio) is neutral — neither side is clearly dominating.
Over the past 1047 weeks of data, GAIN has crossed below its 200-week moving average 4 times. On average, these episodes lasted 47 weeks. Historically, investors who bought GAIN at the start of these episodes saw an average one-year return of +27.5%.
Return on equity stands at 31.7%, indicating strong profitability. The stock trades at 0.9x book value.
Share count has increased 18.5% over three years, indicating dilution.
Over the past 20.2 years, a hypothetical investment of $100 in GAIN would have grown to $718, compared to $850 for the S&P 500. GAIN has returned 10.3% annualized vs 11.2% for the index, underperforming the broader market over this period.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: GAIN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After GAIN Crosses Below the Line?
Across 4 historical episodes, buying GAIN when it crossed below its 200-week moving average produced an average return of +31.8% after 12 months (median +66.0%), compared to +24.0% for the S&P 500 over the same periods. 75% of those episodes were profitable after one year. After 24 months, the average return was +33.2% vs +16.5% for the index.
Each line shows $100 invested at the moment GAIN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Dislocation Scores Experimental
Each score measures deviation from GAIN's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
GAIN has crossed below its 200-week MA 4 times with an average 1-year return of +27.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jun 2006 | Sep 2006 | 13 | 4.3% | +9.7% | +633.6% |
| Jul 2007 | Sep 2010 | 165 | 74.0% | -40.5% | +621.5% |
| Mar 2020 | Apr 2020 | 3 | 22.1% | +73.8% | +274.0% |
| Sep 2020 | Nov 2020 | 7 | 8.8% | +67.1% | +202.2% |
| Average | 47 | — | +27.5% | — |
Frequently Asked Questions
Is GAIN below its 200-week moving average?
No. Gladstone Investment Corporation (GAIN) is currently 30.7% above its 200-week moving average of $11.31. It would need to fall to $11.31 to cross below the line.
What is GAIN's 200-week moving average price?
Gladstone Investment Corporation's 200-week moving average is $11.31 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when GAIN drops below its 200-week moving average?
GAIN has crossed below its 200-week moving average 4 times in our data. On average, buying at that moment produced a one-year return of +27.5%. These dips have historically been decent entry points. These episodes lasted 47 weeks on average.
Is GAIN a good value right now?
Here's what our data says about GAIN as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 59. Return on equity is 31.7%. Price-to-book is 0.9x. This is not a buy or sell recommendation — always do your own research.
How does GAIN compare to the S&P 500?
Over the past 20.2 years, $100 invested in GAIN would have grown to $718, compared to $850 for the S&P 500. That's 10.3% annualized vs 11.2% for the index. GAIN has underperformed the broader market over this period.
Does GAIN pay a dividend?
Yes. Gladstone Investment Corporation currently pays a dividend yield of 633.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19