On Tuesday, Prospect Capital Corp (NASDAQ: PSEC) was 1.16% up from the session before settling in for the closing price of $5.16. A 52-week range for PSEC has been $5.02 – $6.40.
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When this article was written, the company’s average yearly earnings per share was at -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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Prospect Capital Corp stocks. The insider ownership of Prospect Capital Corp is 26.72%, while institutional ownership is 9.89%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.17 per share during the current fiscal year.
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
You can see what Prospect Capital Corp (PSEC) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.50.
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)
Compared to the last year’s volume of 1.89 million, its volume of 2.48 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 21.85%. Additionally, its Average True Range was 0.09.
During the past 100 days, Prospect Capital Corp’s (PSEC) raw stochastic average was set at 28.57%, which indicates a significant decrease from 32.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.05% in the past 14 days, which was higher than the 17.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.54, while its 200-day Moving Average is $5.63. Nevertheless, the first resistance level for the watch stands at $5.26 in the near term. At $5.29, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.34. If the price goes on to break the first support level at $5.18, it is likely to go to the next support level at $5.13. Should the price break the second support level, the third support level stands at $5.10.
Prospect Capital Corp (NASDAQ: PSEC) Key Stats
There are 417,758K outstanding shares of the company, which has a market capitalization of 2.18 billion. As of now, sales total 852,210 K while income totals -101,640 K. Its latest quarter income was 202,220 K while its last quarter net income were 144,360 K.
