American Capital Ltd. (ACAS) has been under a strong bear grip, hence the stock is down -0.16% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.74% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.67% in the last 1 week, and is up 3.2% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.36% and the 50-Day Moving Average is 3.07%. American Capital, Ltd. is up 4.24% in the last 3-month period. Year-to-Date the stock performance stands at 19.43%.
American Capital Ltd. (NASDAQ:ACAS): stock turned positive on Friday. Though the stock opened at $16.36, the bulls momentum made the stock top out at $16.47 level for the day. The stock recorded a low of $16.35 and closed the trading day at $16.47, in the green by 0.37%. The total traded volume for the day was 948,722. The stock had closed at $16.41 in the previous days trading.
American Capital, Ltd. is a global asset manager and private equity firm. The Firm both directly and through its asset management business, originates, underwrites and manages investments in middle market private equity, leveraged finance, real estate, energy and structured products. It invests in senior and mezzanine debt and equity in buyouts of private companies sponsored by the Company or sponsored by other private equity funds and provides capital to early stage and mature private and small public companies. It also invests in first and second lien floating rate loans to large-market United States based companies and structured finance investments, including loan securities, debt obligation securities and commercial mortgages and commercial mortgage backed securities. Its business objectives are to increase its net earnings and net asset value by making investments with yields and/or potential for equity and gains and by growing its fee earning assets under management.