Prospect Capital Corp [NASDAQ: PSEC] stock went on an upward path that rose over 0.32% on Wednesday, amounting to a one-week price decrease of less than -0.63%.
Over the last 12 months, PSEC stock dropped by -26.68%. The one-year Prospect Capital Corp stock forecast points to a potential downside of -112666566.67.
The market cap for the stock reached $1.43 billion, with 451.53 million shares outstanding and 324.42 million shares in the current float. Compared to the average trading volume of 3.38M shares, PSEC stock reached a trading volume of 3989007 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Prospect Capital Corp [PSEC]:
Raymond James have made an estimate for Prospect Capital Corp shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on November 09, 2021. While these analysts kept the previous recommendation, Wells Fargo raised their target price to Underweight. The new note on the price target was released on June 25, 2020, representing the official price target for Prospect Capital Corp stock. On January 22, 2019, analysts decreased their price target for PSEC shares from 7 to 6.
PSEC Stock Performance Analysis:
Prospect Capital Corp [PSEC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.63. With this latest performance, PSEC shares dropped by -5.39% in over the last four-week period, additionally sinking by -25.38% over the last 6 months – not to mention a drop of -26.68% in the past year of trading.
Prospect Capital Corp [PSEC] Institutonal Ownership Details
There are presently around $13.74%, or 19.11% of PSEC stock, in the hands of institutional investors. The top three institutional holders of PSEC stocks are: VAN ECK ASSOCIATES CORP with ownership of 7.25 million shares, which is approximately 1.7062%. Y.D. MORE INVESTMENTS LTD, holding 5.06 million shares of the stock with an approximate value of $$29.06 million in PSEC stocks shares; and Y.D. MORE INVESTMENTS LTD, currently with $$18.42 million in PSEC stock with ownership which is approximately 0.7848%.
