Capital Southwest Corp (NASDAQ:CSWC) price on Friday, May 23, rose 0.05% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $20.60.
A look at the stock’s price movement, the close in the last trading session was $20.59. The PE ratio in trailing twelve months stood at 14.49. Turning to its 52-week performance, $27.03 and $17.46 were the 52-week high and 52-week low respectively. Overall, CSWC moved 3.21% over the past month.
Capital Southwest Corp’s market cap currently stands at around $1.11 billion, with investors looking forward to this quarter’s earnings report slated for in June. The company has a Forward Dividend ratio of 2.30, with its dividend yield at 11.17%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CSWC is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 2 recommend CSWC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
CSWC’s current price about -0.06% and -0.61% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 49.15, while 7-day volatility ratio is 1.61% and 1.62% in the 30-day chart. Further, Capital Southwest Corp (CSWC) has a beta value of 1.00, and an average true range (ATR) of 0.54. Analysts have given the company’s stock an average 52-week price target of $25, forecast between a low of $25 and high of $26.5. Looking at the price targets, the low is -21.36% off current price level while to achieve the yearly target high, price needs to move -28.64%. Nonetheless, investors will most likely welcome a -21.36% jump to $25 which is the analysts’ median price.
If we refocus on Capital Southwest Corp (NASDAQ:CSWC), historical trading data shows that trading volumes averaged 620.14K over the past 3 months. The company’s latest data on shares outstanding shows there are 52.91 million shares.
The 4.36% of Capital Southwest Corp’s shares are in the hands of company insiders while institutional holders own 32.04% of the company’s shares. Current price change has pushed the stock -5.33% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CSWC stock continues to rise going into the next quarter.
