Prospect Capital Corporation (PSEC) : During the past 4 weeks, traders have been relatively bearish on Prospect Capital Corporation (PSEC), hence the stock is down -4.3% 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 -1.98% relative to the S&P 500. The 4-week change in the price of the stock is -4.82% and the stock has fallen -1.82% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.27% and the 50-Day Moving Average is 0.95%.The 200 Day SMA reached 14.4%
Prospect Capital Corporation (NASDAQ:PSEC): The stock opened in the green at $8.14 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $8.18 and a low of $8.1 for the day. The stock did not find buyers even at the lows and closed at $8.1 recording a loss of -0.25%. 1,043,883 shares exchanged hands during the trading day. The stock had closed at $8.1 in the previous days trading.
Prospect Capital Corporation (PSEC) : The highest short term price target forecast on Prospect Capital Corporation (PSEC) 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 $8.65 with a standard deviation of $1.25.
Prospect Capital Corporation is a financial services company. The Company is a non-diversified closed-end investment company. The Companys investment objective is to generate both current income and long-term capital appreciation through debt and equity investments. It invests primarily in senior and subordinated debt and equity of private companies in need of capital for acquisitions, divestitures, growth, development, recapitalizations and other purposes. The Company primarily lends to and invests in middle market privately-held companies. Its investments include lending in private equity sponsored transactions; lending directly to companies not owned by private equity firms; control investments in corporate operating companies; control investments in financial companies; investments in structured credit; real estate investments; investments in syndicated debt; aircraft leasing, and online lending. The Company is managed by its investment adviser, Prospect Capital Management L.P.