Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Prospect Capital Corporation (NASDAQ: PSEC) closed the day trading at $5.24 down -4.73% from the previous closing price of $5.50. In other words, the price has decreased by -$4.73 from its previous closing price. On the day, 3.25 million shares were traded. PSEC stock price reached its highest trading level at $5.44 during the session, while it also had its lowest trading level at $5.2.
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 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 2175684608 and an Enterprise Value of 6046767616. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.46 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 6.842.
Stock Price History:
Over the past 52 weeks, PSEC has reached a high of $6.84, while it has fallen to a 52-week low of $5.03. The 50-Day Moving Average of the stock is -4.84%, while the 200-Day Moving Average is calculated to be -10.68%.
Shares Statistics:
Over the past 3-months, PSEC traded about 2.10M shares per day on average, while over the past 10 days, PSEC traded about 1672760 shares per day. 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 9.90% stake in the company. Shares short for PSEC as of 1713139200 were 21882122 with a Short Ratio of 10.43, 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
PSEC’s forward annual dividend rate is 0.72, up from 0.72 a year ago. Against a Trailing Annual Dividend Yield of 0.13235295The stock’s 5-year Average Dividend Yield is 11.18.
