Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, Prospect Capital Corporation’s stock clocked out at $5.25, up 0.77% from its previous closing price of $5.21. In other words, the price has increased by $0.77 from its previous closing price. On the day, 1.32 million shares were traded. PSEC stock price reached its highest trading level at $5.28 during the session, while it also had its lowest trading level at $5.1713.
Ratios:
To gain a deeper understanding of PSEC’s stock, we examine its different ratios.
On June 25, 2020, Wells Fargo started tracking the stock assigning a Underweight rating and target price of $4.50.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 11 ’24 when Van Dask Kristin Lea bought 5,000 shares for $5.44 per share. The transaction valued at 27,200 led to the insider holds 10,000 shares of the business.
Eliasek M Grier bought 10,000 shares of PSEC for $56,700 on Dec 06 ’23. The Chief Operating Officer now owns 1,616,130 shares after completing the transaction at $5.67 per share. On Dec 05 ’23, another insider, Eliasek M Grier, who serves as the Chief Operating Officer of the company, bought 10,000 shares for $5.64 each. As a result, the insider paid 56,391 and bolstered with 1,606,130 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PSEC now has a Market Capitalization of 2179836672 and an Enterprise Value of 6050907648. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.47 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 6.846.
Stock Price History:
Over the past 52 weeks, PSEC has reached a high of $6.83, while it has fallen to a 52-week low of $5.03. The 50-Day Moving Average of the stock is -4.20%, while the 200-Day Moving Average is calculated to be -10.13%.
Shares Statistics:
It appears that PSEC traded 2.17M shares on average per day over the past three months and 1929800 shares per day over the past ten days. A total of 415.21M shares are outstanding, with a floating share count of 304.24M. Insiders hold about 26.69% of the company’s shares, while institutions hold 9.93% stake in the company. Shares short for PSEC as of 1713139200 were 21882122 with a Short Ratio of 10.07, compared to 1710460800 on 21980764. Therefore, it implies a Short% of Shares Outstanding of 21882122 and a Short% of Float of 7.19.
Dividends & Splits
With its trailing 12-month dividend rate of 0.72, PSEC has a forward annual dividend rate of 0.72. Against a Trailing Annual Dividend Yield of 0.13819578The stock’s 5-year Average Dividend Yield is 11.23.
