On Friday, Prospect Capital Corp (NASDAQ: PSEC) was -3.26% drop from the session before settling in for the closing price of $4.91. A 52-week range for PSEC has been $4.81 – $6.39.
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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 and Institutional Ownership
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 10.61%. 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) Latest Financial update
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 2.28.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 5.99 million. That was better than the volume of 2.01 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 9.89%. Additionally, its Average True Range was 0.12.
During the past 100 days, Prospect Capital Corp’s (PSEC) raw stochastic average was set at 5.83%, which indicates a significant decrease from 6.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.35% in the past 14 days, which was higher than the 20.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.49, while its 200-day Moving Average is $5.61. However, in the short run, Prospect Capital Corp’s stock first resistance to watch stands at $4.88. Second resistance stands at $5.02. The third major resistance level sits at $5.11. If the price goes on to break the first support level at $4.65, it is likely to go to the next support level at $4.56. The third support level lies at $4.42 if the price breaches the second support level.
Prospect Capital Corp (NASDAQ: PSEC) Key Stats
There are 417,758K outstanding shares of the company, which has a market capitalization of 1.98 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.
