KD Logo

Examining the Potential Price Growth of FS KKR Capital Corp (FSK)

In a filing, FS KKR Capital Corp revealed its Director IMASOGIE OSAGIE O unloaded Company’s shares for reported $0.9 million on Nov 25 ’24. In the deal valued at $22.01 per share,40,885 shares were sold. As a result of this transaction, IMASOGIE OSAGIE O now holds 7,603 shares worth roughly $0.17 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, FSH Seed Capital Vehicle I LLC bought 195,137 shares, generating $3,816,391 in total proceeds.

Before that, Forman Michael C. sold 195,139 shares. FS KKR Capital Corp shares valued at $3,816,431 were divested by the Chief Executive Officer at a price of $19.56 per share. As a result of the transaction, Forman Michael C. now holds 0 shares, worth roughly $0.0.

Wells Fargo downgraded its FS KKR Capital Corp [FSK] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in late May from “an Equal weight” to “an Overweight”. Hovde Group also remained covering FSK and has decreased its forecast on February 28, 2024 with a “Market perform” recommendation from previously “an Outperform” rating. Compass Point revised its rating on February 27, 2024. It rated FSK as “a Neutral” which previously was an “a Buy”.

Price Performance Review of FSK

On Monday, FS KKR Capital Corp [NYSE:FSK] saw its stock fall -1.08% to $21.98. Over the last five days, the stock has gained 0.96%. FS KKR Capital Corp shares have risen nearly 11.62% since the year began. Nevertheless, the stocks have risen 13.14% over the past one year. While a 52-week high of $22.39 was reached on 11/29/24, a 52-week low of $18.16 was recorded on 03/15/24. SMA at 50 days reached $20.63, while 200 days put it at $19.88.

Levels Of Support And Resistance For FSK Stock

The 24-hour chart illustrates a support level at 21.74, which if violated will result in even more drops to 21.50. On the upside, there is a resistance level at 22.26. A further resistance level may holdings at 22.55. The Relative Strength Index (RSI) on the 14-day chart is 69.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 28.87%. Stochastics %K at 84.95% indicates the stock is a selling.

How much short interest is there in FS KKR Capital Corp?

A steep rise in short interest was recorded in FS KKR Capital Corp stocks on 2024-11-15, dropping by -0.36 million shares to a total of 3.78 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 4.14 million shares. There was a decline of -9.44%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on July 28, 2023 when B. Riley Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $21 price target.

Most Popular