logo

TCPC’s 2023 Market Dance: Down -3.10% – Time to Invest?

The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The metric has seen a significant loss of -3.10% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -4.98%. Over the past 30 days, the price of TCPC has leaped by -9.25%. And in the last five days, it has fallen by -10.59%.

BlackRock TCP Capital Corp’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $11.39 on 06/06/24 and a low of $7.63 for the same time frame on 11/04/24.

52-week price history of TCPC Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. BlackRock TCP Capital Corp’s current trading price is -25.90% away from its 52-week high, while its distance from the 52-week low is 10.67%. The stock’s price range during this period has varied between$7.63 and $11.39. The BlackRock TCP Capital Corp’s shares, which operate in the Financial, saw a trading volume of around 1.95 million for the day, a figure considerably higher than their average daily volume of 0.56 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

BlackRock TCP Capital Corp (TCPC) has experienced a quarterly decline of -5.72% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 722.39M.

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 8.81, with a change in price of +0.37. Similarly, BlackRock TCP Capital Corp recorded 573,459 in trading volume during the last 100 days, posting a change of +4.58%.

TCPC Stock Stochastic Average

BlackRock TCP Capital Corp’s raw stochastic average for the past 50 days is presently 4.39%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 3.70%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 57.64% and 77.51%, respectively.

Most Popular