Prospect Capital Corp (NASDAQ: PSEC): Think Like A Lender, Not An Investor

Prospect Capital Corp (NASDAQ:PSEC) currently has a daily average trading volume of 2.77M but it saw 2240728 shares traded in last market. With a market cap of 2.23B USD, the company’s current market price of $5.15 came rising about 0.78 while comparing to the previous closing price of $5.11. 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 $5.1 while lowest mark touched by it was $5.185.

Taking a look at 20-day trading activity of Prospect Capital Corp (PSEC) gives us an average price of $5.34, while its current price level is -18.25% below from 52-week high level whereas it is 9.81% 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 $5.19 while that of 200 days or SMA-200 reads an average of $5.51. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.79% during that period while stretching the period over a month that increases to 2.08%. 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 40.87 which implies that the stock is in neutral territory.

Over the week, PSEC’s stock price is moving -2.46% down while it is -3.20% when we observe its performance for the past one month. Year-to-date it is -14.02% down and over the past year, the stock is showing a downside performance of -13.74%.

Currently, Prospect Capital Corp’s total number of outstanding shares is 432.93M. It has a price to earnings ratio (P/E ratio) of 15.15 while having a 10.30 of forward P/E ratio. Stock’s beta reads 1.00. Stock has a price to book (P/B) ratio of 0.59 while price to sale or P/S ratio amounts to 2.59.