Market Insight: Prospect Capital Corp (PSEC)’s Notable Drop, Closing at 5.12

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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.

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