Main Street Capital Corporation (NYSE:MAIN) shares, rose in value on Friday, May 09, with the stock price down by -0.15% to the previous day’s close as strong demand from buyers drove the stock to $52.95.
Actively observing the price movement in the last trading, the stock closed the session at $53.03. The PE ratio was 9.05 over 12-month period. Referring to stock’s 52-week performance, its high was $62.99, and the low was $44.26. On the whole, MAIN has fluctuated by 0.02% over the past month.
With the market capitalization of Main Street Capital Corporation currently standing at about $4.69 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 2.92, with its dividend yield at 5.51%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MAIN’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of MAIN currently trading nearly -0.69% and -3.99% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.27, while the 7-day volatility ratio is showing 2.13% which for the 30-day chart, stands at 2.52%. Furthermore, Main Street Capital Corporation (MAIN)’s beta value is 0.81, and its average true range (ATR) is 1.56.
A comparison of Main Street Capital Corporation (MAIN) with its peers suggests the former has fared considerably weaker in the market. MAIN showed an intraday change of -0.15% in last session, and over the past year, it grew by 6.82%%.
Data on historical trading for Main Street Capital Corporation (NYSE:MAIN) indicates that the trading volumes over the past 3 months, they’ve averaged 594.07K. According to company’s latest data on outstanding shares, there are 88.56 million shares outstanding.
Nearly 3.89% of Main Street Capital Corporation’s shares belong to company insiders and institutional investors own 23.00% of the company’s shares. The stock has fallen by -9.14% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MAIN stock heading into the next quarter.
