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Ares Capital Corp: Weathering Stock Market Storms with 12.91B Market Cap

Ares Capital Corp’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $21.31 on 05/14/24 and a low of $18.00 for the same time frame on 06/23/23.

52-week price history of ARCC Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Ares Capital Corp’s current trading price is -0.28% away from its 52-week high, while its distance from the 52-week low is 18.02%. The stock’s price range during the 52-week period has remained between $18.00 and $21.31. In the Financial sector, the company’s shares saw a trading volume of around 4.2 million for the day, which was evidently higher than the average daily volume of 3.46 million over the past three months.

Market Capitalization and Financial Performance: An In-Depth Look

Ares Capital Corp (ARCC) has experienced a quarterly rise of 5.09% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.91B.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 20.35, with a change in price of +1.53. Similarly, Ares Capital Corp recorded 3,538,558 in trading volume during the last 100 days, posting a change of +7.76%.

ARCC Stock Stochastic Average

As of today, Ares Capital Corp’s raw stochastic average for the last 50 days stands at 90.91%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 87.39%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 89.68% and 87.98%, respectively.

ARCC Stock Price Performance Analysis

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. The metric has seen a significant gain of 6.09% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 8.36%. Over the past 30 days, the price of ARCC has fallen by 4.99%. And in the last five days, it has surged by 2.16%.

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