Crescent Capital BDC Inc (NASDAQ: CCAP) is -24.36% lower on its value in year-to-date trading and has touched a low of $13.50 and a high of $20.07 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 CCAP stock was last observed hovering at around $14.34 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $14.45, the stock is -3.53% and -5.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 0.77% at the moment leaves the stock -18.45% off its SMA200. CCAP registered -20.88% loss for a year compared to 6-month loss of -27.24%.
The stock witnessed a -7.13% gain in the last 1 month and extending the period to 3 months gives it a -17.96%, and is -0.82% 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 1.89% over the week and 1.44% over the month.
Current P/E ratio is 10.78 and Fwd P/E is 8.59. Distance from 52-week low is 7.07% and -28.00% from its 52-week high.
The EPS is expected to shrink by -23.89% this year
The shares outstanding are 37.06M, and float is at 28.14M with Short Float at 0.75%.
The top institutional shareholder in the company is TEXAS COUNTY & DISTRICT RETIREMENT SYSTEM with over 5.0 million shares valued at $93.93 million. The investor’s holdings represent 13.4958 of the CCAP Shares outstanding. As of 2024-06-30, the second largest holder is FIDELITY NATIONAL FINANCIAL, INC. with 4.21 million shares valued at $78.98 million to account for 11.3468 of the shares outstanding. The other top investors are SUN LIFE FINANCIAL INC which holds 1.84 million shares representing 4.9749 and valued at over $34.63 million, while MARINER, LLC holds 1.7897 of the shares totaling 0.66 million with a market value of $12.46 million.
