For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Prospect Capital Corp (NASDAQ: PSEC) closed at $5.12 down -1.54% from its previous closing price of $5.20. In other words, the price has decreased by -$1.54 from its previous closing price. On the day, 2.46 million shares were traded. PSEC stock price reached its highest trading level at $5.225 during the session, while it also had its lowest trading level at $5.1.
Ratios:
For a deeper understanding of Prospect Capital Corp’s stock, let’s take a closer look at its various ratios.
On June 25, 2020, Wells Fargo started tracking the stock assigning a Underweight rating and target price of $4.50.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 17 ’24 when Stark Eugene S bought 2,500 shares for $5.50 per share. The transaction valued at 13,750 led to the insider holds 57,500 shares of the business.
Eliasek M Grier bought 5,000 shares of PSEC for $27,500 on Sep 16 ’24. The Chief Operating Officer now owns 1,666,130 shares after completing the transaction at $5.50 per share. On Sep 13 ’24, another insider, Eliasek M Grier, who serves as the Chief Operating Officer of the company, bought 5,000 shares for $5.44 each. As a result, the insider paid 27,200 and bolstered with 1,661,130 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 2216581120 and an Enterprise Value of 6134620672. As of this moment, Prospect’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.06, and their Forward P/E ratio for the next fiscal year is 10.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.57 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 7.12.
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 $4.69. The 50-Day Moving Average of the stock is -1.60%, while the 200-Day Moving Average is calculated to be -7.29%.
Shares Statistics:
For the past three months, PSEC has traded an average of 2.73M shares per day and 2025230 over the past ten days. A total of 432.93M shares are outstanding, with a floating share count of 315.61M. Insiders hold about 26.77% of the company’s shares, while institutions hold 10.15% stake in the company. Shares short for PSEC as of 1726185600 were 20544414 with a Short Ratio of 7.51, compared to 1723680000 on 21713376. Therefore, it implies a Short% of Shares Outstanding of 20544414 and a Short% of Float of 6.460000000000001.
Dividends & Splits
According to the company, the forward annual dividend rate for PSEC is 0.72, from 0.72 in the trailing year. Against a Trailing Annual Dividend Yield of 0.13846155The stock’s 5-year Average Dividend Yield is 11.41.