Prospect Capital Corporation (PSEC): Institutional Holdings and Trading Data

In the past 52-week period, shares of Prospect Capital Corporation (NASDAQ:PSEC) have moved within the range of $5.51 to $9.58. On the stock’s most recent trading day, the company’s shares ended the regular session at $5.96, which is 37.79% higher than its 52-week high.

Prospect Capital Corporation (PSEC) has demonstrated a 20-day simple moving average (SMA) of -1.34%, and a 50-day SMA of -7.37%. This public company’s current market capitalization stands at $2.02 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Measuring Wall Street analysts’ average enthusiasm for a specific stock is critical when considering a potential investment. According to the latest data, the consensus recommendation for Prospect Capital Corporation (PSEC) is Underperform.

Publicly-traded companies normally report earnings and revenue figures that are either above or below the average Wall Street projection. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Prospect Capital Corporation (PSEC) delivered a 4.58% surprise with its net revenue. Sales reached $0.16 billion during the three-month period, compared to the average analyst estimate of $0.17 billion.

Meanwhile, during the same quarter Prospect Capital Corporation (PSEC) delivered a 6.49% earnings surprise. Net earnings for the quarter were posted at $0.18 per share, whereas Wall Street had forecast $0.19 per share.

Ownership at Prospect Capital Corporation (PSEC), According to Most Recent SEC Filings

We can gain important insight by taking a look at institutional ownership, as detailed in public companies’ latest 13F filings. Prospect Capital Corporation (PSEC) has 0 billion shares outstanding currently, 15.30% of which belong to institutional investors. Those institutional holdings amount to $0.33 billion.

Additionally, according to the most recent 13F filing from Prospect Capital Corporation (PSEC), there were 20 new positions totaling 1,934,904 shares of the company’s stock. There were 35 sold out positions, on the other hand, totaling 2,867,301 shares.

Short, Medium and Long Term Indicators

Analyzing the average trade volume of a publicly-traded company’s stock – in the short, medium and long terms – is helpful for gaining insight into trading activity and general investor sentiment. Prospect Capital Corporation (PSEC) has had a 20-day average volume of 3,960,005 shares, with an average of 40% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 3,201,762 shares, with an average of 25% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 2,955,143 shares with 100% of long-term indicators pointing to Sell.