Prospect Capital Corp (NASDAQ: PSEC) Recovers 5.87% From 52-Week Low, Is PSEC Still A High-Risk, High-Reward Play?

Prospect Capital Corp (NASDAQ:PSEC) currently has a daily average trading volume of 3.39M but it saw 3116033 shares traded in last market. With a market cap of 1.89B USD, the company’s current market price of $4.33 came falling about -0.69 while comparing to the previous closing price of $4.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.26 and as low as $4.09. In the recent trading on the day, stock has struck highest price mark of $4.271 while lowest mark touched by it was $4.35.

Taking a look at 20-day trading activity of Prospect Capital Corp (PSEC) gives us an average price of $4.44, while its current price level is -30.83% below from 52-week high level whereas it is 5.87% 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 $4.74 while that of 200 days or SMA-200 reads an average of $5.23. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.37% during that period while stretching the period over a month that decreases to 2.61%. 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 41.03 which implies that the stock is in neutral territory.

Over the week, PSEC’s stock price is moving 1.64% up while it is -9.98% when we observe its performance for the past one month. Year-to-date it is -27.71% down and over the past year, the stock is showing a downside performance of -29.02%.

Currently, Prospect Capital Corp’s total number of outstanding shares is 436.18M. It has a price to earnings ratio (P/E ratio) of 12.74 while having a 8.66 of forward P/E ratio. Stock’s beta reads 0.97. Stock has a price to book (P/B) ratio of 0.50 while price to sale or P/S ratio amounts to 2.19.