A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Year to date metric has recorded a gain of 3.74%.However, over the last six months, we can see a weaker performance of 6.35%. Over the last 30 days, the price of ARCC has fallen by 1.22%. And in the last five days, it has fallen by -0.34%.
The market performance of Ares Capital Corporation’s stock has been harmonious in recent times. Over the last year, the company’s stock reached its highest point at $21.04 on 05/07/24, while the lowest value for the same duration was $18.00 on 06/23/23.
52-week price history of ARCC Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Ares Capital Corporation’s current trading price is -1.24% away from its 52-week high, while its distance from the 52-week low is 15.41%. The stock’s price range during this time has been between $18.00 and $21.04. The trading volume for the Financial sector company’s shares reached about 3.2 million for the day, which was lower than the average daily volume of 3.5 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Ares Capital Corporation (ARCC) has experienced a quarterly rise of 2.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.61B.
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 20.29, with a change in price of +0.57. Similarly, Ares Capital Corporation recorded 3,617,383 in trading volume during the last 100 days, posting a change of +2.82%.
ARCC Stock Stochastic Average
Today’s raw stochastic average for Ares Capital Corporation over the last 50 days is 79.85%.This indicates a increase from the raw stochastic average of the past 20 days, which was 71.44%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 77.48% and 70.92%, respectively.
