StockNews.com Begins Coverage on New Mountain Finance (NYSE:NMFC)

StockNews.com started coverage on shares of New Mountain Finance (NYSE:NMFC – Get Rating) in a research report sent to investors on Thursday. The firm issued a hold rating on the stock.

New Mountain Finance Stock Performance

Shares of NMFC stock opened at $11.74 on Thursday. New Mountain Finance has a one year low of $11.09 and a one year high of $14.03.

New Mountain Finance Company Profile

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New Mountain Finance Corp. is a is an externally managed, closed-end, non-diversified management investment company, which engages in investments in the middle market. Its objective investment is to generate current income and capital appreciation through investments in debt securities and equity interests.