In a filing, Prospect Capital Corporation revealed its CFO, TREASURER, SECRETARY, CCO Van Dask Kristin Lea acquired Company’s shares for reported $27200.0 on Mar 11 ’24. In the deal valued at $5.44 per share,5,000 shares were bought. As a result of this transaction, Van Dask Kristin Lea now holds 10,000 shares worth roughly $53800.0.
Then, Eliasek M Grier bought 10,000 shares, generating $56,700 in total proceeds. Upon buying the shares at $5.67, the Chief Operating Officer now owns 1,616,130 shares.
Before that, Eliasek M Grier bought 10,000 shares. Prospect Capital Corporation shares valued at $56,391 were divested by the Chief Operating Officer at a price of $5.64 per share. As a result of the transaction, Eliasek M Grier now holds 1,606,130 shares, worth roughly $8.64 million.
Raymond James upgraded its Prospect Capital Corporation [PSEC] rating to a Mkt perform from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in late June with a ‘”an Underweight”‘ rating. Raymond James also remained covering PSEC and has decreased its forecast on April 20, 2020 with a “an Underperform” recommendation from previously “Mkt perform” rating. Barclays revised its rating on January 22, 2019. It rated PSEC as “an Underweight” which previously was an “an Equal weight”.
Price Performance Review of PSEC
On Friday, Prospect Capital Corporation [NASDAQ:PSEC] saw its stock fall -1.10% to $5.38. Over the last five days, the stock has lost -1.28%. Prospect Capital Corporation shares have fallen nearly -10.18% since the year began. Nevertheless, the stocks have fallen -21.00% over the past one year. While a 52-week high of $6.99 was reached on 01/08/24, a 52-week low of $5.03 was recorded on 02/12/24. SMA at 50 days reached $5.55, while 200 days put it at $5.90.
Levels Of Support And Resistance For PSEC Stock
The 24-hour chart illustrates a support level at 5.34, which if violated will result in even more drops to 5.29. On the upside, there is a resistance level at 5.44. A further resistance level may holdings at 5.49. The Relative Strength Index (RSI) on the 14-day chart is 38.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.36%. Stochastics %K at 20.71% indicates the stock is a holding.
