Carlyle Credit Income Fund (CCIF) Projected to Post Earnings on Wednesday

Carlyle Credit Income Fund (NYSE:CCIF) is expected to be posting its quarterly earnings results after the market closes on Wednesday, February 26th. Analysts expect Carlyle Credit Income Fund to post earnings of $0.30 per share and revenue of $8.22 million for the quarter.

Carlyle Credit Income Fund Trading Down 0.6 %

CCIF stock opened at $7.70 on Monday. The stock has a 50-day moving average price of $7.86 and a two-hundred day moving average price of $8.15. Carlyle Credit Income Fund has a 1 year low of $7.57 and a 1 year high of $8.80.

Analyst Upgrades and Downgrades

Separately, Oppenheimer initiated coverage on Carlyle Credit Income Fund in a report on Monday, December 9th. They issued a “market perform” rating and a $8.00 price objective for the company.

Insider Activity

In related news, Director Joan Y. Mccabe acquired 18,079 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The stock was bought at an average price of $8.02 per share, for a total transaction of $144,993.58. Following the acquisition, the director now directly owns 30,358 shares of the company’s stock, valued at approximately $243,471.16. The trade was a 147.24 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

About Carlyle Credit Income Fund

Carlyle Credit Income Fund is a close ended fixed income mutual fund launched and managed by Vertical Capital Asset Management, LLC. The fund is co – managed by Behringer Advisors, LLC. The Fund invests mainly in fixed-income securities. The fund invests in stocks of companies operating across diversified sectors.