Prospect Capital Corp (PSEC) saw an uptrend of 2.48% in the recent trading with $3420000.0 being its most recent. The current price level -41.21% lower than the highest price of $5.63 marked by the stock while trading over the past 52-weeks, whereas it is 6.77% higher than the lowest price of $3.10 the company dropped to over past 52-weeks. The latest news story on PSEC appeared in (GlobeNewswire) under the title “Prospect Capital Corporation Acquires QC Holdings, Inc.” on Jul-01-25.
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of N/A for the stock.
Prospect Capital Corp Earnings – What Happened With PSEC
Coming around sales and income figures on PSEC 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.
Prospect Capital Corp – Insider Activity and Holdings
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 451.53 million. PSEC does have institutional investors; and they hold 13.74% of the stock.
As on 2024-06-30, VAN ECK ASSOCIATES CORP was the top most holder in Prospect Capital Corp (NASDAQ:PSEC) with an ownership of 7.25 million shares of the company or 1.7062 of the stake worth $40.09 million. The filing also reveals Y.D. MORE INVESTMENTS LTD as the second largest holder in the company with a control over 1.1917 of the outstanding shares. Its stake is worth $29.06 million for having 5.06 million shares in hand.
LEGAL & GENERAL GROUP PLC also came holding a key position in the company during the recent quarter and it now holds 0.7848 of the outstanding shares. With this there are now 243.0 institutions which have possession in PSEC’s shares.
Key Metrics forPSEC
Technical Analysis of Prospect Capital Corp (NASDAQ:PSEC) 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 Prospect Capital Corp (PSEC), we notice that the stock’s 20-day average volume is at 3,024,795 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 3,166,144 shares. And to end, PSEC’s 100-day average volume is 3,130,001 shares with 100% of the long-term indicators pointing towards Sell for the stock.
