Momentum Stocks in Focus: Prospect Capital Corporation (NASDAQ:PSEC) , Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA)

On 4/4/2017, Shares of Prospect Capital Corporation (NASDAQ:PSEC) closed at $9.15 in last trading day. After noting the initial trading entry at $9.10, it reached to a day’s high of $9.17 and moved to a day’s low of $9.09. The recent daily volume was 1.08 million as contrast to it’s an average volume of 2.51 million.

Technical Indicators:

The last close of the Prospect Capital Corporation stock reflects that it traded -0.85% from its 50-day moving average of $9.23. The stock traded above +7.91% to its 200-day MA of $8.48. Furthermore, it moved lower -4.49% from its 52-week high of $9.58 and +29.42% up from $7.07, which is 52-week low of the stock.

Prospect Capital Corporation’s (PSEC) moved with shift of 1.47% in the past week. Over the last three months, the shares of the company have changed 11.56% and performed 19.67% over the last six months. The stock currently has Monthly Volatility of 1.62% and Weekly Volatility of 1.00%.

Prospect Capital Corporation is a business development company. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, buyouts, recapitalizations, turnaround, growth capital, development, subordinated debt tranches of collateralized loan obligations, cash flow term loans, and bridge transactions. It also makes real estate investments particularly in multi-family residential real estate asset class. The fund makes secured debt, senior debt, unitranche debt, first-lien and second lien, private debt, mezzanine debt, and equity investments in private and microcap public businesses. It focuses on both primary origination and secondary loans/portfolios and invests in situations like debt financings for private equity sponsors, acquisitions, dividend recapitalizations, growth financings, bridge loans, cash flow term loans, real estate financings/investments. The fund typically invests across all industry sectors, with a particular expertise in the energy and industrial sectors. It invests in aerospace and defense, chemicals, conglomerate services, consumer services, ecological, electronics, financial services, machinery, manufacturing, media, pharmaceuticals, retail, software, specialty minerals, textiles and leather, transportation, oil and gas production, coal production, materials, industrials, consumer discretionary, information technology, utilities, pipeline, storage, power generation and distribution, renewable and clean energy, oilfield services, healthcare, food and beverage, education, business services, and other select sectors. It prefers to invest in the United States and Canada. The fund seeks to invest between $10 million to $500 million per transaction in companies with EBITDA between $5 million and $250 million, sales value between $25 million and $500 million, and enterprise value between $5 million and $1000 million. It fund also co-invests for larger deals. The fund seeks control acquisitions by providing multiple levels of the capital structure. The fund focuses on sole, agented, club, or syndicated deals.

Banco Bilbao Viscaya Argentaria S.A. (NYSE:BBVA) finalized the last transaction at value of $7.46, with a daily change of +0.13% or +0.01 points. The company maintained volume of 2.18 million shares. In past trading day, the stock hit the maximum price of $7.47 and touched to minimum value of $7.38. It has a market cap of $ 48.93B.

Technical Indicators:

As of last trade close, the stock is trading  downside -5.57% from its one year high of $7.90 and moved +45.14% upward from $5.14, which is one year low of the stock.

The stock traded above +3.90% from its 50-day moving average of $7.18. Furthermore, the stock moved up +11.22% to its 200-day MA of $ 6.71.

During the last month, Banco Bilbao Vizcaya Argentaria, S.A.’s (BBVA) has changed 8.56% and performed 29.27% over the last 6 months. The mean rating score for this stock is at 4.00. This rating scale contains from 1 to 5 with 5 representing a Strong Sell, 1 signifying a Strong Buy and 3 demonstrating a Hold. The Volatility was noted at 1.40% in recent month and observed Weekly Volatility of 1.49%.

 

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