Ares Capital Corp (NASDAQ:ARCC) currently has a daily average trading volume of 3.94M but it saw 6349435 shares traded in last market. With a market cap of 14.27B USD, the company’s current market price of $22.09 came rising about 0.09 while comparing to the previous closing price of $22.07. 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 $21.9 while lowest mark touched by it was $22.12.
Taking a look at 20-day trading activity of Ares Capital Corp (ARCC) gives us an average price of $21.79, while its current price level is -1.54% below from 52-week high level whereas it is 14.34% 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 $21.74 while that of 200 days or SMA-200 reads an average of $21.09. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.93% during that period while stretching the period over a month that increases 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 57.17 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 0.91% up while it is -0.54% when we observe its performance for the past one month. Year-to-date it is 0.91% up and over the past year, the stock is showing an upside performance of 8.34%.
Currently, Ares Capital Corp’s total number of outstanding shares is 646.08M. It has a price to earnings ratio (P/E ratio) of 8.50 while having a 10.04 of forward P/E ratio. Stock’s beta reads 1.05. Stock has a price to book (P/B) ratio of 1.12 while price to sale or P/S ratio amounts to 4.86.
