Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
Prospect Capital Corp (NASDAQ: PSEC) closed the day trading at $4.58 down -4.18% from the previous closing price of $4.78. In other words, the price has decreased by -$4.18 from its previous closing price. On the day, 4.49 million shares were traded. PSEC stock price reached its highest trading level at $4.78 during the session, while it also had its lowest trading level at $4.53.
Ratios:
For a better understanding of PSEC, let’s look at 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 27 ’24 when Eliasek M Grier bought 210,000 shares for $4.79 per share. The transaction valued at 1,005,858 led to the insider holds 1,921,130 shares of the business.
Eliasek M Grier bought 5,000 shares of PSEC for $23,576 on Nov 26 ’24. The Chief Operating Officer now owns 1,711,130 shares after completing the transaction at $4.72 per share. On Nov 25 ’24, another insider, Eliasek M Grier, who serves as the Chief Operating Officer of the company, bought 5,000 shares for $4.83 each. As a result, the insider paid 24,145 and bolstered with 1,706,130 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 1997686016 and an Enterprise Value of 5814704128. As of this moment, Prospect’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.47, and their Forward P/E ratio for the next fiscal year is 9.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.32 while its Price-to-Book (P/B) ratio in mrq is 0.52. Its current Enterprise Value per Revenue stands at 7.076.
Stock Price History:
Over the past 52 weeks, PSEC has reached a high of $6.30, while it has fallen to a 52-week low of $4.15. The 50-Day Moving Average of the stock is -8.94%, while the 200-Day Moving Average is calculated to be -14.05%.
Shares Statistics:
Over the past 3-months, PSEC traded about 3.16M shares per day on average, while over the past 10 days, PSEC traded about 3652690 shares per day. A total of 436.18M shares are outstanding, with a floating share count of 312.57M. Insiders hold about 26.77% of the company’s shares, while institutions hold 9.49% stake in the company. Shares short for PSEC as of 1731628800 were 15972376 with a Short Ratio of 5.05, compared to 1728950400 on 18990668. Therefore, it implies a Short% of Shares Outstanding of 15972376 and a Short% of Float of 5.0100001999999995.
Dividends & Splits
PSEC’s forward annual dividend rate is 0.71, up from 0.72 a year ago. Against a Trailing Annual Dividend Yield of 0.15062761The stock’s 5-year Average Dividend Yield is 11.52.
