Stock price performance of Prospect Capital Corporation is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 11.58% 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 2.97% . Looking at the past 52 week period, the stock price is up at 44.74% . 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 Prospect Capital Corporation has a positive value of 14.86 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 1.52% and the 50-Day Moving Average is 5.5%.The 200 Day SMA reached 12.99%
Prospect Capital Corporation is having a Relative Strength Index of 63.47 which indicates the stock is not yet over sold or over bought based on the technical indicators. Prospect Capital Corporation (NASDAQ:PSEC) has tumbled 0.23% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 1.05% in the last four weeks. The stocks have underperformed the S&P 500 by 0.35% during the past week but Prospect Capital Corporation (NASDAQ:PSEC) it has outperformed the index in 4 weeks by 0.15%.
Company has reported several Insider transactions to the SEC, on Dec 14, 2016, Brian H Oswald (CFO) purchased 5,000 shares at 8.18 per share price.On Nov 14, 2016, Eugene S Stark (director) purchased 1,000 shares at 7.65 per share price.On Mar 3, 2016, M Grier Eliasek (COO) purchased 15,000 shares at 7.25 per share price.
Prospect Capital Corporation Last issued its quarterly earnings results on May 10, 2016. The company reported $0.25 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.26. The company had revenue of $189.50 million for the quarter, compared to analysts expectations of $195.34 million. The companys revenue was down -1.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.24 EPS.
Prospect Capital Corporation (NASDAQ:PSEC) : On Friday heightened volatility was witnessed in Prospect Capital Corporation (NASDAQ:PSEC) which led to swings in the share price. The stock opened for trading at $8.64 and hit $8.71 on the upside , eventually ending the session at $8.67, with a gain of 1.29% or 0.11 points. The heightened volatility saw the trading volume jump to 1,912,079 shares. The 52-week high of the share price is $8.775 and the company has a market cap of $3,107 million. The 52-week low of the share price is at $5.21 .
Prospect Capital Corporation is a closed-end investment company that lends to and invests in private and microcap public businesses. Prospect Capitals investment objective is to generate both current income and capital appreciation through debt and equity investments.