Prospect Capital Corp (NASDAQ: PSEC) stock enjoyed a major increase of 12.1% on 11/9/23. The shares closed at $5.92. The stock has been weak relative to the market over the last nine months but has risen 16.1% during the last week.
Current PriceTarget Research Rating
PSEC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Prospect Capital has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Prospect Capital has a neutral Power Rating of 53 but a good Appreciation Score of 84, leading to the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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