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Shares of Prospect Capital Corp. (NASDAQ:PSEC) have received an average rating of “Buy” from the nine brokerages that are presently covering the stock, AnalystRatings.Net reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $11.36.

Prospect Capital Corp. (NASDAQ:PSEC) traded down 0.58% on Thursday, hitting $10.27. The stock had a trading volume of 1,957,158 shares. Prospect Capital Corp. has a 52-week low of $9.17 and a 52-week high of $11.62. The stock has a 50-day moving average of $10.74 and a 200-day moving average of $10.64. Prospect Capital Corp. also saw some unusual options trading on Tuesday. Investors acquired 16,232 put options on the stock. This represents an increase of 1,753% compared to the average volume of 876 put options.

Prospect Capital Corp. (NASDAQ:PSEC) last announced its earnings results on Monday, August 25th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.07. The company had revenue of $182.84 million for the quarter, compared to the consensus estimate of $213.74 million. During the same quarter in the previous year, the company posted $0.38 earnings per share. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. Analysts expect that Prospect Capital Corp. will post $1.20 EPS for the current fiscal year.

PSEC has been the subject of a number of recent research reports. Analysts at Keefe, Bruyette & Woods cut their price target on shares of Prospect Capital Corp. from $11.00 to $10.00 in a research note on Wednesday. They now have a “market perform” rating on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Prospect Capital Corp. in a research note on Wednesday. They now have a $11.50 price target on the stock, down previously from $12.25.

Prospect Capital Corporation (NASDAQ:PSEC), is a financial services company, which lends to and invests in middle market privately-held companies.

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