Ares Capital Corp (NASDAQ:ARCC) currently has a daily average trading volume of 3.83M but it saw 4642556 shares traded in last market. With a market cap of 14.09B USD, the company’s current market price of $21.89 came falling about -0.23 while comparing to the previous closing price of $21.94. 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 $21.87 while lowest mark touched by it was $22.125.
Taking a look at 20-day trading activity of Ares Capital Corp (ARCC) gives us an average price of $21.81, while its current price level is -2.43% below from 52-week high level whereas it is 13.30% 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 $21.68 while that of 200 days or SMA-200 reads an average of $21.04. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.37% during that period while stretching the period over a month that decreases to 1.24%. 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 54.16 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 1.67% up while it is -1.17% when we observe its performance for the past one month. Year-to-date it is 9.29% up and over the past year, the stock is showing an upside performance of 9.29%.
Currently, Ares Capital Corp’s total number of outstanding shares is 646.08M. It has a price to earnings ratio (P/E ratio) of 8.42 while having a 9.95 of forward P/E ratio. Stock’s beta reads 1.05. Stock has a price to book (P/B) ratio of 1.11 while price to sale or P/S ratio amounts to 4.80.
