With 436.18M Outstanding Shares, Can Prospect Capital Corp (NASDAQ: PSEC) Deliver Big Short-Term Gains?

Prospect Capital Corp (NASDAQ:PSEC) currently has a daily average trading volume of 3.17M but it saw 3487600 shares traded in last market. With a market cap of 1.86B USD, the company’s current market price of $4.26 came falling about -2.52 while comparing to the previous closing price of $4.37. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.30 and as low as $4.15. In the recent trading on the day, stock has struck highest price mark of $4.25 while lowest mark touched by it was $4.39.

Taking a look at 20-day trading activity of Prospect Capital Corp (PSEC) gives us an average price of $4.56, while its current price level is -32.38% below from 52-week high level whereas it is 2.65% 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 $4.83 while that of 200 days or SMA-200 reads an average of $5.26. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.38% during that period while stretching the period over a month that increases to 2.54%. 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 30.96 which implies that the stock is in neutral territory.

Over the week, PSEC’s stock price is moving -4.05% down while it is -5.54% when we observe its performance for the past one month. Year-to-date it is -28.88% down and over the past year, the stock is showing a downside performance of -29.82%.

Currently, Prospect Capital Corp’s total number of outstanding shares is 436.18M. It has a price to earnings ratio (P/E ratio) of 12.53 while having a 8.52 of forward P/E ratio. Stock’s beta reads 0.97. Stock has a price to book (P/B) ratio of 0.49 while price to sale or P/S ratio amounts to 2.16.