Prospect Capital Corp [NASDAQ: PSEC] plunged by -$0.02 during the normal trading session on Tuesday and reaching a high of $2.9 during the day while it closed the day at $2.83.
Prospect Capital Corp stock has also loss -2.08% of its value over the past 7 days. However, PSEC stock has declined by -16.76% in the 3 months of the year. Over the past six months meanwhile, it has lost -35.24% and lost -44.29% year-on date.
The market cap for PSEC stock reached $1.28 billion, with 451.53 million shares outstanding and 323.46 million shares in the current float. Compared to the average trading volume of 3.25M shares, PSEC reached a trading volume of 7457415 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say 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.
PSEC stock trade performance evaluation
Prospect Capital Corp [PSEC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.08. With this latest performance, PSEC shares dropped by -16.76% in over the last four-week period, additionally sinking by -35.24% over the last 6 months – not to mention a drop of -34.34% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PSEC stock in for the last two-week period is set at 33.38, with the RSI for the last a single of trading hit 0.08, and the three-weeks RSI is set at 0.08 for Prospect Capital Corp [PSEC]. The present Moving Average for the last 50 days of trading for this stock 3.13, while it was recorded at 2.85 for the last single week of trading, and 3.85 for the last 200 days.
Prospect Capital Corp (PSEC) Capital Structure & Debt Analysis
Prospect Capital Corp (PSEC) Efficiency & Liquidity Metrics
Prospect Capital Corp (PSEC) Efficiency & Liquidity Metrics
Earnings per share (EPS) analysis for Prospect Capital Corp [PSEC] stock
With the latest financial reports released by the company, Prospect Capital Corp posted 0.21/share EPS, while the average EPS was predicted by analysts to be reported at 0.17/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.04. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PSEC.
Prospect Capital Corp [PSEC]: Institutional Ownership
There are presently around $15.33%, or 21.39%% 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%.
