Prospect Capital Corp [NASDAQ: PSEC] loss -2.82% or -0.09 points to close at $3.1 with a heavy trading volume of 8074019 shares.
It opened the trading session at $3.19, the shares rose to $3.205 and dropped to $3.02, the range by which the price of stock traded the whole day. The daily chart for PSEC points out that the company has recorded -27.06% loss over the past six months.
If we look at the average trading volume of 2.93M shares, PSEC reached to a volume of 8074019 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about 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.
Trading performance analysis for PSEC stock
Prospect Capital Corp [PSEC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.40. With this latest performance, PSEC shares dropped by -4.02% in over the last four-week period, additionally sinking by -27.06% over the last 6 months – not to mention a drop of -28.07% in the past year of trading.
Prospect Capital Corp (PSEC) Capital Structure & Debt Analysis
Prospect Capital Corp (PSEC) Efficiency & Liquidity Metrics
Prospect Capital Corp (PSEC) Efficiency & Liquidity Metrics
An analysis of Institutional ownership at Prospect Capital Corp [PSEC]
There are presently around $13.54%, or 18.89%% 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%.
