Prospect Capital Corporation (NASDAQ:PSEC) share price jumped at US$ 8.59 before falling back to end the trade at US$ 8.42 a share. The dividend stock is -3.22% off a 52-week high stock price of US$ 8.78 but is up 83.27% since hitting the US$ 5.21. Investors are buying the stock with a trailing-twelve-month price-to-earnings (P/E) ratio of 19.18.
After a -1.86% fall from previous close of US$ 8.58, Prospect Capital Corporation (PSEC) has a US$ 3.02 Billion market cap. The company pays a US$ 0.25-cent-per-share quarterly dividend, giving it a 11.88% yield. That brings its full year payout to US$ 1 and 227.8% annual payout ratio based on EPS.
The PSEC has soared 1.8% year-to-date. The equity has gained steam in recent weeks, with shares up about 8% in the past three months. It added -2.07%, climbed 2.29% and jumped 8.21% in the week, one month and six months, respectively. Revenue growth rate was recorded at 36.1% and net income per share was seen moving at a -26.7% rate in the past five years.
Prospect Capital Corporation (NASDAQ:PSEC) is over -8% below analysts’ consensus price target of US$ 7.88. The stock has blown through analysts’ low price target of US$ 7, but is still below the high US$ 9.5 target. On a price appreciation basis over the past 12 months, the stock returned 55.77%.
The most recent short interest data show 8.86% of the company’s stock are short sold. It would take about 13.64 days to cover all short positions. In terms of volatility, it has a beta coefficient of 0.45 and technical analysis volatility indicator called Average True Range or ATR around 0.12.
Prospect Capital Corporation (NASDAQ:PSEC) closed 10.24% above its 200-day moving average which many technicians use as a guide to the long-term trend, so stocks above the line are considered to be in longer-term uptrends, while those below it are considered to be in downtrends. The stock is 2.67% above another chart threshold, its 50-day moving average and -1.19% below its 20-day simple moving average.Dividend Overview: Prospect Capital Corporation (NASDAQ:PSEC)