Should You Sell Prospect Capital Corp (PSEC) And Go Away This Year?

Prospect Capital Corp (NASDAQ:PSEC) currently has a daily average trading volume of 2.62M but it saw 2975320 shares traded in last market. With a market cap of 2.35B USD, the company’s current market price of $5.48 came rising about 1.11 while comparing to the previous closing price of $5.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.30 and as low as $4.69. In the recent trading on the day, stock has struck highest price mark of $5.36 while lowest mark touched by it was $5.49.

Taking a look at 20-day trading activity of Prospect Capital Corp (PSEC) gives us an average price of $5.25, while its current price level is -13.02% below from 52-week high level whereas it is 16.84% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.27 while that of 200 days or SMA-200 reads an average of $5.56. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.52% during that period while stretching the period over a month that decreases to 2.37%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 62.04 which implies that the stock is in neutral territory.

Over the week, PSEC’s stock price is moving 1.29% up while it is 10.26% when we observe its performance for the past one month. Year-to-date it is -8.51% down and over the past year, the stock is showing a downside performance of -10.89%.

Currently, Prospect Capital Corp’s total number of outstanding shares is 428.99M. It has a price to earnings ratio (P/E ratio) of 16.12 while having a 10.96 of forward P/E ratio. Stock’s beta reads 0.99. Stock has a price to book (P/B) ratio of 0.63 while price to sale or P/S ratio amounts to 2.73.