BlackRock TCP Capital Corp (TCPC) saw an uptrend of 2.06% in the recent trading with $7.43 being its most recent. The current price level -31.36% lower than the highest price of $10.82 marked by the stock while trading over the past 52-weeks, whereas it is 19.11% higher than the lowest price of $6.24 the company dropped to over past 52-weeks. The latest news story on TCPC appeared in (Zacks) under the title “BlackRock TCP (TCPC) Tops Q1 Earnings Estimates”.
Squeezing the time span to 30 day period shows us the stock is currently trading -7.76% below one month high and is +3.05% above of the lowest during that time. Looking into the simple moving average, BlackRock TCP Capital Corp (TCPC)’s stock stands at a SMA-50 of $7.28 while that of 5-day is reading $7.62.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and TCPC’s SMA-200 as of now is $8.30.
BlackRock TCP Capital Corp Earnings – What Happened With TCPC
Coming around sales and income figures on TCPC Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
TCPC – BlackRock TCP Capital Corp Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 85.04 million. TCPC does have institutional investors; and they hold 24.12% of the stock.
BlackRock TCP Capital Corp – Insider Activity and Holdings
As on 2024-06-30, VAN ECK ASSOCIATES CORP was the top most holder in BlackRock TCP Capital Corp (NASDAQ:TCPC) with an ownership of 1.96 million shares of the company or 2.294 of the stake worth $21.2 million. The filing also reveals TWO SIGMA ADVISERS, LP as the second largest holder in the company with a control over 1.2042 of the outstanding shares. Its stake is worth $11.13 million for having 1.03 million shares in hand.
Technical Analysis of BlackRock TCP Capital Corp (NASDAQ:TCPC) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for BlackRock TCP Capital Corp (TCPC), we notice that the stock’s 20-day average volume is at 488,585 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 50% are spotting the stock at Sell with its 50-day average volume of 613,296 shares. And to end, TCPC’s 100-day average volume is 650,814 shares with 100% of the long-term indicators pointing towards Sell for the stock.
