Is it Time to Dump Crescent Capital BDC Inc (CCAP) Stock After it Is Lower By 1.88% in a Week?

Crescent Capital BDC Inc (CCAP) stock has fallen 1.88% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Crescent Capital BDC Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CCAP!

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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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With CCAP Stock Today?

Crescent Capital BDC Inc (CCAP) stock is trading at $17.27 as of 11:36 AM on Thursday, Mar 28, an increase of $0.24, or 1.41% from the previous closing price of $17.03. The stock has traded between $17.24 and $17.42 so far today. Volume today is light. So far 52,653 shares have traded compared to average volume of 94,133 shares. To screen for more stocks like Crescent Capital BDC Inc click here.

More About Crescent Capital BDC Inc

Crescent Capital BDC Inc is a business development company structured as an externally managed, closed-end, non-diversified management investment company. The company's primary investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through debt and related equity investments. It will seek to achieve its investment objectives by investing in secured debt (including senior secured, unitranche, and second lien debt) and unsecured debt (including senior unsecured, mezzanine, and subordinated debt), as well as related equity securities of private U.S. middle-market companies. Click Here to get the full Stock Report for Crescent Capital BDC Inc stock.