Prospect Capital Corp (PSEC) recent activity suggests a positive outlook with the last week’s performance of 1.34%

On Monday, Prospect Capital Corp (NASDAQ: PSEC) opened higher 0.38% from the last session, before settling in for the closing price of $5.28. Price fluctuations for PSEC have ranged from $4.69 to $6.30 over the past 52 weeks.

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Company’s average yearly earnings per share was noted -40.20% at the time writing. With a float of $313.26 million, this company’s outstanding shares have now reached $428.99 million.

In terms of profitability, gross margin is 46.52%, operating margin of 95.3%, and the pretax margin is 59.17%.

Prospect Capital Corp (PSEC) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Asset Management industry is another important factor to consider. The insider ownership of Prospect Capital Corp is 26.60%, while institutional ownership is 10.25%. The most recent insider transaction that took place on Sep 05 ’24, was worth 26,250. In this transaction Chief Operating Officer of this company bought 5,000 shares at a rate of $5.25, taking the stock ownership to the 1,636,130 shares. Before that another transaction happened on Sep 05 ’24, when Company’s CHIEF EXECUTIVE OFFICER bought 218,957 for $5.26, making the entire transaction worth $1,151,283. This insider now owns 70,063,384 shares in total.

Prospect Capital Corp (PSEC) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around -40.20% 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 8.90% growth over the previous five years of trading.

Prospect Capital Corp (NASDAQ: PSEC) Trading Performance Indicators

Check out the current performance indicators for Prospect Capital Corp (PSEC). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.64.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.34, a number that is poised to hit 0.17 in the next quarter and is forecasted to reach 0.50 in one year’s time.

Technical Analysis of Prospect Capital Corp (PSEC)

The latest stats from [Prospect Capital Corp, PSEC] show that its last 5-days average volume of 3.34 million was superior to 2.14 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 86.72%. Additionally, its Average True Range was 0.12.

During the past 100 days, Prospect Capital Corp’s (PSEC) raw stochastic average was set at 59.22%, which indicates a significant decrease from 88.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.36% in the past 14 days, which was higher than the 22.92% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.28, while its 200-day Moving Average is $5.57. Now, the first resistance to watch is $5.34. This is followed by the second major resistance level at $5.37. The third major resistance level sits at $5.40. If the price goes on to break the first support level at $5.28, it is likely to go to the next support level at $5.25. The third support level lies at $5.22 if the price breaches the second support level.

Prospect Capital Corp (NASDAQ: PSEC) Key Stats

There are currently 417,758K shares outstanding in the company with a market cap of 2.27 billion. Presently, the company’s annual sales total 861,660 K according to its annual income of 262,830 K. Last quarter, the company’s sales amounted to 212,260 K and its income totaled 29,560 K.