Ares Capital Corp (NASDAQ:ARCC) currently has a daily average trading volume of 3.67M but it saw 6036449 shares traded in last market. With a market cap of 13.65B USD, the company’s current market price of $21.13 came rising about 1.00 while comparing to the previous closing price of $20.92. In past 52 weeks, the stock remained buoying in the range of price level as high as $22.43 and as low as $19.32. In the recent trading on the day, stock has struck highest price mark of $20.955 while lowest mark touched by it was $21.24.
Taking a look at 20-day trading activity of Ares Capital Corp (ARCC) gives us an average price of $21.89, while its current price level is -5.82% below from 52-week high level whereas it is 9.37% 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 $21.64 while that of 200 days or SMA-200 reads an average of $20.99. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.41% during that period while stretching the period over a month that decreases to 1.02%. 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 34.80 which implies that the stock is in neutral territory.
Wells Fargo upgraded its recommendation for the stock as a “Overweight” from “Equal Weight” on December 02, 2024 while assigning a price target of $23. B. Riley Securities issued its recommendations for the stock as it downgraded the price target for the stock is $21.
Over the week, ARCC’s stock price is moving -4.30% down while it is -3.21% when we observe its performance for the past one month. Year-to-date it is 5.49% up and over the past year, the stock is showing an upside performance of 7.15%.
Currently, Ares Capital Corp’s total number of outstanding shares is 646.08M. It has a price to earnings ratio (P/E ratio) of 8.13 while having a 9.60 of forward P/E ratio. Stock’s beta reads 1.06. Stock has a price to book (P/B) ratio of 1.07 while price to sale or P/S ratio amounts to 4.65.
