BlackRock TCP Capital Corp (NASDAQ: TCPC) kicked off on Tuesday, down -0.13% from the previous trading day, before settling in for the closing price of $7.81. Over the past 52 weeks, TCPC has traded in a range of $7.71-$12.18.
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While this was happening, its average annual earnings per share was recorded -11.40%. With a float of $85.32 million, this company’s outstanding shares have now reached $85.59 million.
In terms of profitability, gross margin is 75.46%, operating margin of 8.69%, and the pretax margin is -29.86%.
BlackRock TCP Capital Corp (TCPC) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Asset Management Industry. The insider ownership of BlackRock TCP Capital Corp is 0.29%, while institutional ownership is 19.79%. The most recent insider transaction that took place on Sep 10 ’24, was worth 91,000. In this transaction Director and President of this company bought 10,000 shares at a rate of $9.10, taking the stock ownership to the 27,481 shares. Before that another transaction happened on Sep 06 ’24, when Company’s Director and President bought 5,000 for $9.07, making the entire transaction worth $45,350. This insider now owns 17,481 shares in total.
BlackRock TCP Capital Corp (TCPC) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -11.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to 4.65% growth over the previous five years of trading.
BlackRock TCP Capital Corp (NASDAQ: TCPC) Trading Performance Indicators
Take a look at BlackRock TCP Capital Corp’s (TCPC) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.63, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.43 in one year’s time.
Technical Analysis of BlackRock TCP Capital Corp (TCPC)
The latest stats from [BlackRock TCP Capital Corp, TCPC] show that its last 5-days average volume of 0.56 million was superior to 0.49 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 9.73%. Additionally, its Average True Range was 0.17.
During the past 100 days, BlackRock TCP Capital Corp’s (TCPC) raw stochastic average was set at 2.69%, which indicates a significant decrease from 12.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.90% in the past 14 days, which was lower than the 25.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.45, while its 200-day Moving Average is $10.03. Now, the first resistance to watch is $7.86. This is followed by the second major resistance level at $7.93. The third major resistance level sits at $7.99. If the price goes on to break the first support level at $7.73, it is likely to go to the next support level at $7.67. Assuming the price breaks the second support level, the third support level stands at $7.60.
BlackRock TCP Capital Corp (NASDAQ: TCPC) Key Stats
The company with the Market Capitalisation of 667.61 million has total of 85,591K Shares Outstanding. Its annual sales at the moment are 209,330 K in contrast with the sum of 38,470 K annual income. Company’s last quarter sales were recorded 71,530 K and last quarter income was -51,280 K.
