Are Analysts Too Bullish On Prospect Capital Corp (PSEC)

Prospect Capital Corp (NASDAQ:PSEC) currently has a daily average trading volume of 3.54M but it saw 3946962 shares traded in last market. With a market cap of 1.92B USD, the company’s current market price of $4.34 came rising about 0.70 while comparing to the previous closing price of $4.31. 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 $4.285 while lowest mark touched by it was $4.365.

Taking a look at 20-day trading activity of Prospect Capital Corp (PSEC) gives us an average price of $4.37, while its current price level is -30.67% below from 52-week high level whereas it is 6.11% 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 $4.66 while that of 200 days or SMA-200 reads an average of $5.20. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.07% during that period while stretching the period over a month that increases to 2.50%. 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 43.70 which implies that the stock is in neutral territory.

Over the week, PSEC’s stock price is moving -0.46% down while it is -5.24% when we observe its performance for the past one month. Year-to-date it is 0.70% up and over the past year, the stock is showing a downside performance of -28.15%.

Currently, Prospect Capital Corp’s total number of outstanding shares is 436.18M. It has a price to earnings ratio (P/E ratio) of 12.76 while having a 8.68 of forward P/E ratio. Stock’s beta reads 0.98. Stock has a price to book (P/B) ratio of 0.50 while price to sale or P/S ratio amounts to 2.23.