Going Through the Chart for Prospect Capital Corporation (PSEC)

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"The analysts wrote, "• We have always been critical of PSEC's accounting, specifically pertaining to structured credit. Among this group of ratios is the turnover to capital employed or return on investment (ROI) ratio. (NASD:TICC - SELL - $6.73) that were held by both companies from 2Q16 and through at least 1Q17. PSEC claimed the SEC probes ended in December 2015 despite Probes Reporter receiving confirmation from the SEC on 1/12/16 that the company was involved with "SEC investigative activity". This is egregious that it was completely undisclosed by Prospect, in our opinion, and we do not believe shareholders should continue to hold shares at any amount of above $5.

PSEC has been the topic of several other research reports. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. Prospect Capital Corporation (PSEC) has an operating margin of 42.70%. A frequently used tool among technical stock analysts is the moving average. These shares are 4.5% off its target price of $6.5 and the current market capitalization stands at $2.24B.

Prospect Capital Corporation's beta is at 0.55 meaning it is lower in volatility than the market as a whole. The 50 day moving average was down $-0.51 or -7.54% and the 200 day average was down $-1.74. Prospect Capital Corporation has a 52-week low of $6.47 and a 52-week high of $9.58.

Institutions own 16.10% of Prospect Capital Corporation (PSEC)'s shares.

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Whereas they predicted High and Low Earnings Estimate as $0.2 and $0.19 respectively. For the current year the company's revenue estimates are $659.94 Million compared to low analyst estimates of $650 Million and high estimates of $665.82 Million according to the prediction of 3 analysts. The stock of Prospect Capital Corporation (NASDAQ:PSEC) has "Sell" rating given on Wednesday, July 20 by National Securities. The firm's revenue was down 13.6% on a year-over-year basis. PSEC's profit would be $68.48 million giving it 8.25 P/E if the $0.19 EPS is correct. Previously Prospect Capital Cp (NASDAQ:PSEC) reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by $-0.02 with surprise factor of -9.5%.

Investors sentiment decreased to 1.15 in Q2 2017. If you are reading this piece on another publication, it was illegally copied and republished in violation of United States and worldwide copyright & trademark law. The original version of this piece can be viewed at https://www.dispatchtribunal.com/2017/10/12/short-interest-in-prospect-capital-corporation-psec-expands-by-6-9.html. These ratios are important while doing valuation of the company or the shares of the company. In total, 4.86 M shares exchanged hands for about $31.60 million. The stock was acquired at an average cost of $6.73 per share, for a total transaction of $336,500.00.

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, November 22nd. Prospect Capital Corporation has its outstanding Shares of 360.75 Million. Whereas, in last 21 trading days (one month) was surged -7.99% and slashed in last 63 trading days (quarter) of -23.59%. FBR Capital maintained the shares of PSEC in report on Wednesday, August 31 with "Outperform" rating. Broderick Brian C holds 55,001 shares or 2.49% of its portfolio. This gauge is crucial in determining whether investors are moved toward the direction of buying more of the stock, or else doing the contradictory side and selling more of the stock. Finally, Green Square Capital LLC raised its stake in shares of Prospect Capital Corporation by 2.1% in the 2nd quarter. Nwam LLC grew its position in Prospect Capital Corporation by 19.1% in the 2nd quarter. The Company primarily lends to and invests in middle market privately held companies. The Firm is a closed-end investment company.

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