Overall market sentiment has been high on Blackrock Capital Investment Corp (BKCC) stock lately. BKCC receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With BKCC Stock Today?
Blackrock Capital Investment Corp (BKCC) stock is trading at $3.04 as of 1:32 PM on Friday, Aug 14, a drop of -$0.04, or -1.3% from the previous closing price of $3.08. The stock has traded between $2.96 and $3.07 so far today. Volume today is 369,614 compared to average volume of 362,648.
To screen for more stocks like Blackrock Capital Investment Corp click here.
More About Blackrock Capital Investment Corp
BlackRock Capital Investment Corporation is a closed-end investment management enterprise based in the United States. It carries out its operations with the aim of generating both income and capital appreciation for its investors through its senior and junior secured, unsecured and subordinated debt securities and loans and equity securities. BlackRock also follows a policy of investing primarily in middle-market companies with adequate annual revenue and positive cash flows. Its investment portfolio includes companies predominantly in the finance sector. Other sectors investments comprise of chemicals, healthcare, consumer goods and retail.
