The trading price of Prospect Capital Corp (NASDAQ:PSEC) floating lower at last check on Wednesday, July 17, closing at $5.59, -0.20% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 18.63. In examining the 52-week price action we see that the stock hit a 52-week high of $6.69 and a 52-week low of $5.03. Over the past month, the stock has gained 0.15% in value.
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Prospect Capital Corp, whose market valuation is $2.33 billion at the time of this writing. The dividend yield on the company stock is 12.88%, while its Forward Dividend ratio is 0.72. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest PSEC has a 25% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a Hold, while an average of long term indicators suggests that the stock is currently 50% Sell.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 3.73, which symbolizes a positive outlook. A quick review shows that PSEC’s price is currently 0.61% off the SMA20 and 0.68% off the SMA50. The RSI metric on the 14-day chart is currently showing 54.11, and weekly volatility stands at 1.19%. When measured over the past 30 days, the indicator reaches 1.17%. Prospect Capital Corp (NASDAQ:PSEC)’s beta value is currently sitting at 1.00, while the Average True Range indicator is currently displaying 0.07.
To see how Prospect Capital Corp stock has been performing today in comparison to its peers in the industry, here are the numbers: PSEC stock’s performance was -0.20% at last check in today’s session, and -13.62% in the past year. Prospect Capital Corp has a P/E ratio of 18.63.
An evaluation of the daily trading volume of Prospect Capital Corp (NASDAQ:PSEC) indicates that the 3-month average is 1.58 million.
Currently, records show that 417.76 million of the company’s shares remain outstanding. The insiders hold 26.72% of outstanding shares, whereas institutions hold 9.71%. However, since the stock’s price has seen -6.70% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
