Medley Capital Corporation (MCC) : During the past 4 weeks, traders have been relatively bearish on Medley Capital Corporation (MCC), hence the stock is down -4.78% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.82% relative to the S&P 500. The 4-week change in the price of the stock is -6.71% and the stock has fallen -2.3% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.32% and the 50-Day Moving Average is 0.5%.The 200 Day SMA reached 12.59% Medley Capital Corporation is up 14.48% in the last 3-month period. Year-to-Date the stock performance stands at 9.15%.
Medley Capital Corporation (MCC) : The highest short term price target forecast on Medley Capital Corporation (MCC) is $10 and the lowest target price is $7. A total of 5 equity analysts are currently covering the company. The average price of all the analysts is $7.7 with a standard deviation of $1.3.
Company shares have received an average consensus rating of Hold for the current week Medley Capital Corporation (NYSE:MCC): The stock opened at $7.14 and touched an intraday high of $7.3 on Friday. During the day, the stock corrected to an intraday low of $7.015, however, the bulls stepped in and pushed the price higher to close in the green at $7.23 with a gain of 0.70% for the day. The total traded volume for the day was 1,613,748. The stock had closed at $7.23 in the previous trading session.
Medley Capital Corporation is a non-diversified closed end management investment company. The Companys investment objective is to generate current income and capital appreciation by lending directly to privately held middle market companies, through directly originated transactions to help these companies expand their business, refinance and make acquisitions. The Companys investment portfolio consists of senior secured first lien loans and senior secured second lien loans. The Company invests in portfolio companies principally located in North America. The Companys investment activities are managed by the investment adviser, MCC Advisors LLC.