KD Logo

Capital Southwest Corp. [CSWC] Investment Appeal on the Rise

Capital Southwest Corp.’s filing revealed that its Director Rogers-Windsor Ramona Lynn acquired Company’s shares for reported $11645.0 on Dec 21 ’23. In the deal valued at $23.29 per share,500 shares were bought. As a result of this transaction, Rogers-Windsor Ramona Lynn now holds 11,664 shares worth roughly $0.28 million.

Then, Rogers-Windsor Ramona Lynn bought 500 shares, generating $10,835 in total proceeds. Upon buying the shares at $21.67, the Director now owns 11,164 shares.

B. Riley Securities downgraded its Capital Southwest Corp. [CSWC] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid April with a ‘”a Neutral”‘ rating. B. Riley Securities also remained covering CSWC and has increased its forecast on December 09, 2022 with a “Buy” recommendation from previously “Neutral” rating.

Price Performance Review of CSWC

On Tuesday, Capital Southwest Corp. [NASDAQ:CSWC] saw its stock jump 0.12% to $24.42. Over the last five days, the stock has lost -2.94%. Capital Southwest Corp. shares have risen nearly 3.29% since the year began. Nevertheless, the stocks have risen 35.09% over the past one year. While a 52-week high of $26.11 was reached on 01/30/24, a 52-week low of $17.13 was recorded on 02/13/24. SMA at 50 days reached $24.22, while 200 days put it at $22.87.

Levels Of Support And Resistance For CSWC Stock

The 24-hour chart illustrates a support level at 24.17, which if violated will result in even more drops to 23.91. On the upside, there is a resistance level at 24.59. A further resistance level may holdings at 24.75. The Relative Strength Index (RSI) on the 14-day chart is 48.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.52%. Stochastics %K at 27.92% indicates the stock is a holding.

The most recent change occurred on September 24, 2021 when Oppenheimer began covering the stock and recommended ‘”a Perform”‘ rating.

Most Popular

[the_ad id="945"]