Prospect Capital Corp (PSEC) Down -38.99% From Its 52-Week High, But Growth Potential Is Changing Over Time

Prospect Capital Corp (NASDAQ:PSEC) currently has a daily average trading volume of 2.84M but it saw 4420685 shares traded in last market. With a market cap of 1.56B USD, the company’s current market price of $3.49 came falling about -6.18 while comparing to the previous closing price of $3.72. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.72 and as low as $3.39. In the recent trading on the day, stock has struck highest price mark of $3.46 while lowest mark touched by it was $3.6943.

Taking a look at 20-day trading activity of Prospect Capital Corp (PSEC) gives us an average price of $4.04, while its current price level is -38.99% below from 52-week high level whereas it is 2.95% 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 $4.21 while that of 200 days or SMA-200 reads an average of $4.78. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.27% during that period while stretching the period over a month that decreases to 3.29%. 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 25.42 which implies that the stock is in oversold territory.

Over the week, PSEC’s stock price is moving -13.83% down while it is -17.69% when we observe its performance for the past one month. Year-to-date it is -19.03% down and over the past year, the stock is showing a downside performance of -36.31%.

The company is expected to be releasing its next quarterly report on 2025-Feb-09, for which analysts forecasted an EPS of 0.14 while estimate for next year EPS is 0.56. In next quarter, company is expected to be making quarterly sales of $171.35M as analysts are expecting the sales for current fiscal year at $727.41M and seeing the company making $674.05M in sales next year. Moreover, analysts are in estimates of $174.29M for current-quarter revenue.

Currently, Prospect Capital Corp’s total number of outstanding shares is 445.76M with 28.48% of that held by the insiders while 10.68% of its common stock has been owned by the institutions. It has a 6.58 of forward P/E ratio. Stock’s beta reads 0.92. Stock has a price to book (P/B) ratio of 0.45 while price to sale or P/S ratio amounts to 1.95.