The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 1.87%.However, over the last six months, we can see a weaker performance of 4.64%. Over the last 30 days, the price of ARCC has fallen by 2.28%. And in the last five days, it has fallen by -0.56%.
Ares Capital Corporation’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $20.86 on 03/28/24 and a low of $17.53 for the same time frame on 05/04/23.
52-week price history of ARCC Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Ares Capital Corporation’s current trading price is -2.18% away from its 52-week high, while its distance from the 52-week low is 16.40%. The stock’s price range during this period has varied between$17.53 and $20.86. The Ares Capital Corporation’s shares, which operate in the Financial, saw a trading volume of around 0.59 million for the day, a figure considerably lower than their average daily volume of 3.67 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Ares Capital Corporation (ARCC) has experienced a quarterly rise of 0.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.38B.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 20.18, with a change in price of +0.56. Similarly, Ares Capital Corporation recorded 3,754,240 in trading volume during the last 100 days, posting a change of +2.80%.
ARCC Stock Stochastic Average
As of today, Ares Capital Corporation’s raw stochastic average for the last 50 days stands at 58.11%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 50.53%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 48.98% and 47.06%, respectively.
