Prospect Capital Corp (NASDAQ: PSEC) stock suffered a major decline of -14.5% on 11/8/24. The shares closed at $4.47. Moreover, trading volume in this decline was exceptionally high at 837% of normal. The stock has declined -13.9% during the last week and has been weak relative to the market over the last nine months.
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 C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Prospect Capital has a very high Appreciation Score of 89 but a poor Power Rating of 27, and the High Neutral Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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