Prospect Capital Corp (NASDAQ: PSEC) is -9.18% lower on its value in year-to-date trading and has touched a low of $5.03 and a high of $6.47 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PSEC stock was last observed hovering at around $5.44 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $5.44, the stock is -1.81% and -2.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.64 million and changing 0.00% at the moment leaves the stock -3.60% off its SMA200. PSEC registered -14.47% loss for a year compared to 6-month loss of -9.63%.
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The stock witnessed a -0.91% gain in the last 1 month and extending the period to 3 months gives it a 4.41%, and is -1.09% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.28% over the week and 1.18% over the month.
Current P/E ratio is 18.13 and Fwd P/E is 8.12. Distance from 52-week low is 8.26% and -15.92% from its 52-week high.
The EPS is expected to shrink by -27.40% this year
The shares outstanding are 417.76M, and float is at 306.04M with Short Float at 7.27%.
Prospect Capital Corp (PSEC) Insider Activity
The most recent transaction is an insider purchase by Van Dask Kristin Lea, the company’s CFO, TREASURER, SECRETARY, CCO. SEC filings show that Van Dask Kristin Lea bought 3,330 shares of the company’s common stock on Jun 20 ’24 at a price of $22.50 per share for a total of $74925.0. Following the purchase, the insider now owns 4539.0 shares.
Prospect Capital Corp disclosed in a document filed with the SEC on May 13 ’24 that Barry John F (CHIEF EXECUTIVE OFFICER) bought a total of 4,099 shares of the company’s common stock. The trade occurred on May 13 ’24 and was made at $5.47 per share for $22407.0. Following the transaction, the insider now directly holds 65.8 million shares of the PSEC stock.
Still, SEC filings show that on May 10 ’24, Barry John F (CHIEF EXECUTIVE OFFICER) acquired 798,901 shares at an average price of $5.48 for $4.38 million. The insider now directly holds 65,792,258 shares of Prospect Capital Corp (PSEC).
