Prospect Capital Corporation (PSEC) is set for a tempting yields with an average volume of 1.86M – Invest Chronicle

Prospect Capital Corporation (PSEC) is set for a tempting yields with an average volume of 1.86M

Let’s start up with the current stock price of Prospect Capital Corporation (PSEC), which is $7.97 to be very precise. The Stock rose vividly during the last session to $8.02 after opening rate of $7.94 while the lowest price it went was recorded $7.92 before closing at $7.94.Recently in News on September 23, 2021, Prospect Capital Corporation Announces Pricing of $300 Million of 3.437% Notes due 2028. Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”, “our”, or “we”) announced today the pricing of $300 million in aggregate principal amount of 3.437% notes due 2028 (the “Notes”). The Notes will mature on October 15, 2028 and may be redeemed in whole or in part at any time or from time to time at our option at par plus a “make-whole” premium, if applicable. The Notes will bear interest at a rate of 3.437% per year payable semi-annually in arrears on April 15 and October 15 of each year, commencing on April 15, 2022. The Notes will be general senior unsecured obligations of Prospect, will rank equally in right of payment with Prospect’s existing and future senior unsecured debt, and will rank senior in right of payment to any potential subordinated debt, should any be issued in the future. You can read further details here

Prospect Capital Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $9.25 on 06/09/21, with the lowest value was $5.37 for the same time period, recorded on 01/04/21.


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Prospect Capital Corporation (PSEC) full year performance was 59.44%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Prospect Capital Corporation shares are logging -13.89% during the 52-week period from high price, and 62.22% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $4.91 and $9.25.

The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 619035 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Prospect Capital Corporation (PSEC) recorded performance in the market was 46.77%, having the revenues showcasing -11.48% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 3.07B.

Prospect Capital Corporation (PSEC) in the eye of market guru’s

During the last month, 0 analysts gave the Prospect Capital Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 8.27, with a change in the price was noted -0.12. In a similar fashion, Prospect Capital Corporation posted a movement of -1.49% for the period of last 100 days, recording 2,110,841 in trading volumes.

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Prospect Capital Corporation (PSEC): Stocks Technical analysis and Trends

Raw Stochastic average of Prospect Capital Corporation in the period of last 50 days is set at 44.44%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 62.75%. In the last 20 days, the company’s Stochastic %K was 51.39% and its Stochastic %D was recorded 38.57%.

If we look into the earlier routines of Prospect Capital Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 46.77%. Additionally, trading for the stock in the period of the last six months notably improved by 3.12%, alongside a boost of 59.44% for the period of the last 12 months. The shares 1.28% in the 7-day charts and went up by -2.82% in the period of the last 30 days. Common stock shares were lifted by -11.48% during last recorded quarter.

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