Stock price performance of Ares Capital Corporation is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 10.65% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 9.31% . Looking at the past 52 week period, the stock price is up at 26.03% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Ares Capital Corporation has a positive value of 11.12 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 1.18% and the 50-Day Moving Average is 4.96%.The 200 Day SMA reached 14.1%
Ares Capital Corporation is having a Relative Strength Index of 64.07 which indicates the stock is not yet over sold or over bought based on the technical indicators. Ares Capital Corporation (NASDAQ:ARCC) has climbed 0.88% in the past week and advanced 1.36% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 0.76% and the outperformance has advanced to 0.46% for the last 4 weeks period.
Company has reported several Insider transactions to the SEC, on Dec 21, 2016, Steve Bartlett (director) purchased 200 shares at 16.00 per share price.On Nov 8, 2016, Daniel G Jr Kelly (director) purchased 7,500 shares at 15.33 per share price.On Aug 16, 2016, Mitchell S Goldstein (Co-President) purchased 6,472 shares at 15.45 per share price.
Ares Capital Corporation Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.43 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.38.Analysts expectations of $ 244.90.During the same quarter in the previous year, the company posted $0.41 EPS.
Ares Capital Corporation (NASDAQ:ARCC) : On Friday heightened volatility was witnessed in Ares Capital Corporation (NASDAQ:ARCC) which led to swings in the share price. The stock opened for trading at $16.95 and hit $17.27 on the upside , eventually ending the session at $17.14, with a gain of 1.48% or 0.25 points. The heightened volatility saw the trading volume jump to 2,262,131 shares. The 52-week high of the share price is $17.27 and the company has a market cap of $7,301 million. The 52-week low of the share price is at $12.31 .
ARES CAPITAL CORPORATION is a specialty finance company that is a closed-end, non-diversified management investment company. Ares Capital Corporation has elected to be regulated as a business development company under the Investment Company Act of 1940. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. Ares Capital Corporation invests primarily in first and second lien senior loans and mezzanine debt, which in some cases includes an equity component, and, to a lesser extent, in equity investments in private U.S. middle market companies.