On Monday, Prospect Capital Corp (NASDAQ: PSEC) opened lower -0.97% from the last session, before settling in for the closing price of $5.13. 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 $315.57 million, this company’s outstanding shares have now reached $432.93 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 Updates
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 26.77%, while institutional ownership is 10.57%. The most recent insider transaction that took place on Sep 17 ’24, was worth 13,750. In this transaction Director of this company bought 2,500 shares at a rate of $5.50, taking the stock ownership to the 57,500 shares. Before that another transaction happened on Sep 16 ’24, when Company’s Chief Operating Officer bought 5,000 for $5.50, making the entire transaction worth $27,500. This insider now owns 1,666,130 shares in total.
Prospect Capital Corp (PSEC) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.25 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.21) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.16 per share during the current fiscal year.
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 2.55.
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 1.86 million was inferior to 2.14 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 9.42%. Additionally, its Average True Range was 0.09.
During the past 100 days, Prospect Capital Corp’s (PSEC) raw stochastic average was set at 40.62%, which indicates a significant increase from 5.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.58% in the past 14 days, which was lower than the 21.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.26, while its 200-day Moving Average is $5.44. Now, the first resistance to watch is $5.12. This is followed by the second major resistance level at $5.16. The third major resistance level sits at $5.19. If the price goes on to break the first support level at $5.05, it is likely to go to the next support level at $5.02. Assuming the price breaks the second support level, the third support level stands at $4.98.
Prospect Capital Corp (NASDAQ: PSEC) Key Stats
There are currently 432,926K shares outstanding in the company with a market cap of 2.20 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.
