Ares Capital Corp (ARCC) concluded trading on Thursday at a closing price of $21.95, with 3.45 million shares of worth about $75.68 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -0.68% during that period and on Thursday the price saw a gain of about 0.09%. Currently the company’s common shares owned by public are about 694.18M shares, out of which, 686.73M shares are available for trading.
Stock saw a price change of -0.18% in past 5 days and over the past one month there was a price change of 6.14%. Year-to-date (YTD), ARCC shares are showing a performance of 0.27% which increased to 1.76% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $18.26 but also hit the highest price of $23.84 during that period. The average intraday trading volume for Ares Capital Corp shares is 5.22 million. The stock is currently trading 0.92% above its 20-day simple moving average (SMA20), while that difference is up 3.68% for SMA50 and it goes to 1.28% higher than SMA200. Ares Capital Corp (NASDAQ: ARCC) currently have 694.18M outstanding shares and institutions hold larger chunk of about 32.64% of that.
The stock has a current market capitalization of $15.24B and its 3Y-monthly beta is at 0.73. PE ratio of stock for trailing 12 months is 10.76, while it has posted earnings per share of $2.04 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 ARCC, volatility over the week remained 0.19% while standing at 0.93% over the month.
Stock’s fiscal year EPS is expected to drop by -13.22% while it is estimated to decrease by -1.13% in next year.
On December 02, 2024, Wells Fargo Upgrade their recommendations, while on January 08, 2024, B. Riley Securities Downgrade their ratings for the stock with a price target of $21. Stock get a Buy rating from B. Riley Securities on June 16, 2023.
