Prospect Capital Corp (PSEC) concluded trading on Thursday at a closing price of $4.24, with 5.22 million shares of worth about $22.15 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -23.69% during that period and on December 19, 2024 the price saw a loss of about -0.59%. Currently the company’s common shares owned by public are about 436.18M shares, out of which, 312.15M shares are available for trading.
Stock saw a price change of -5.47% in past 5 days and over the past one month there was a price change of -8.73%. Year-to-date (YTD), PSEC shares are showing a performance of -29.30% which decreased to -31.14% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.15 but also hit the highest price of $6.30 during that period. The average intraday trading volume for Prospect Capital Corp shares is 3.16 million. The stock is currently trading -6.75% below its 20-day simple moving average (SMA20), while that difference is down -11.93% for SMA50 and it goes to -19.38% lower than SMA200.
Prospect Capital Corp (NASDAQ: PSEC) currently have 436.18M outstanding shares and institutions hold larger chunk of about 9.49% of that.
The stock has a current market capitalization of $1.85B and its 3Y-monthly beta is at 0.98. PE ratio of stock for trailing 12 months is 12.46, while it has posted earnings per share of $0.34 in the same period. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PSEC, volatility over the week remained 2.75% while standing at 2.53% over the month.
Stock’s fiscal year EPS is expected to drop by -40.20% while it is estimated to decrease by -18.00% in next year. EPS is likely to shrink at an annualized rate of 5.00% for next 5-years, compared to annual growth of 8.90% made by the stock over the past 5-years.
Coverage by Wells Fargo stated Prospect Capital Corp (PSEC) stock as an Underweight in their note to investors on June 25, 2020, suggesting a price target of $4.50 for the stock. On April 20, 2020, Raymond James Downgrade their recommendations, while on January 22, 2019, Barclays Downgrade their ratings for the stock with a price target of $6. Stock get a Mkt perform rating from Raymond James on August 30, 2017.
