Prospect Capital Corp (NASDAQ: PSEC): Retirees Don’t Worry About Volatility

Prospect Capital Corp (NASDAQ:PSEC) currently has a daily average trading volume of 2.78M but it saw 1403518 shares traded in last market. With a market cap of 2.25B USD, the company’s current market price of $5.19 came rising about 0.58 while comparing to the previous closing price of $5.16. 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 $5.16 while lowest mark touched by it was $5.21.

Taking a look at 20-day trading activity of Prospect Capital Corp (PSEC) gives us an average price of $5.23, while its current price level is -17.62% below from 52-week high level whereas it is 10.66% 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 $5.26 while that of 200 days or SMA-200 reads an average of $5.45. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.38% during that period while stretching the period over a month that increases to 1.57%. 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 44.17 which implies that the stock is in neutral territory.

Over the week, PSEC’s stock price is moving -2.81% down while it is -1.52% when we observe its performance for the past one month. Year-to-date it is -13.36% down and over the past year, the stock is showing an upside performance of 0.97%.

Currently, Prospect Capital Corp’s total number of outstanding shares is 432.93M. It has a price to earnings ratio (P/E ratio) of 15.26 while having a 10.38 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 2.61.