A new trading day began on Friday, with Prospect Capital Corp (NASDAQ: PSEC) stock price up 0.73% from the previous day of trading, before settling in for the closing price of $5.51. PSEC’s price has ranged from $5.03 to $6.60 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged -27.40%. With a float of $306.04 million, this company’s outstanding shares have now reached $417.76 million.
Prospect Capital Corp (PSEC) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Asset Management Industry. The insider ownership of Prospect Capital Corp is 26.72%, while institutional ownership is 9.70%. The most recent insider transaction that took place on Jun 20 ’24, was worth 74,925. In this transaction CFO, TREASURER, SECRETARY, CCO of this company bought 3,330 shares at a rate of $22.50, taking the stock ownership to the 4,539 shares. Before that another transaction happened on May 13 ’24, when Company’s CHIEF EXECUTIVE OFFICER bought 4,099 for $5.47, making the entire transaction worth $22,407. This insider now owns 65,796,357 shares in total.
Prospect Capital Corp (PSEC) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -27.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to 8.03% growth over the previous five years of trading.
Prospect Capital Corp (NASDAQ: PSEC) Trading Performance Indicators
Here are Prospect Capital Corp’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.30, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.67 in one year’s time.
Technical Analysis of Prospect Capital Corp (PSEC)
Analysing the last 5-days average volume posted by the [Prospect Capital Corp, PSEC], we can find that recorded value of 1.5 million was lower than the volume posted last year of 1.86 million. As of the previous 9 days, the stock’s Stochastic %D was 21.43%. Additionally, its Average True Range was 0.07.
During the past 100 days, Prospect Capital Corp’s (PSEC) raw stochastic average was set at 70.69%, which indicates a significant increase from 42.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.65% in the past 14 days, which was lower than the 16.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.58, while its 200-day Moving Average is $5.65. Now, the first resistance to watch is $5.57. This is followed by the second major resistance level at $5.58. The third major resistance level sits at $5.62. If the price goes on to break the first support level at $5.52, it is likely to go to the next support level at $5.48. Should the price break the second support level, the third support level stands at $5.47.
Prospect Capital Corp (NASDAQ: PSEC) Key Stats
With a market capitalization of 2.32 billion, the company has a total of 417,758K Shares Outstanding. Currently, annual sales are 852,210 K while annual income is -101,640 K. The company’s previous quarter sales were 202,220 K while its latest quarter income was 144,360 K.
