American Capital Ltd. Hits New 52-Week High at $15.81 (ACAS)
American Capital (NASDAQ:ACAS) set a new 52-week high on Wednesday, American Banking and Market News reports. The company traded as high as $15.81 and last traded at $15.78, with a volume of 1,591,453 shares. The stock had previously closed at $15.66.
Separately, analysts at Zacks upgraded shares of American Capital from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, December 2nd. They now have a $16.00 price target on the stock. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $18.67.
American Capital has a 1-year low of $11.82 and a 1-year high of $15.79. The stock’s 50-day moving average is $15.13 and its 200-day moving average is $13.81. The company has a market cap of $4.387 billion and a price-to-earnings ratio of 9.97.
American Capital (NASDAQ:ACAS) last released its earnings data on Wednesday, November 6th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.15. During the same quarter last year, the company posted $0.22 earnings per share. On average, analysts predict that American Capital will post $0.83 earnings per share for the current fiscal year.
American Capital, Ltd. (NASDAQ:ACAS) is an equity firm and global asset manager.
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