As of Friday close, FS KKR Capital Corp.’s (NYSE:FSK) stock was up $0.13, moving up 0.65 percent to $20.01. The average number of shares traded per day over the past five days has been 947,980 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.15 fall in that time frame. In the last twenty days, the average volume was 936,060, while in the previous 50 days, it was 1,047,918.
Since last month, FSK stock rose 1.21%. Shares of the company fell to $19.65 on 08/18/23, the lowest level in the past month. A 52-week high of $21.96 was reached on 02/28/23 after having rallying from a 52-week low of $16.45. Since the beginning of this year, FSK’s stock price has risen by 15.67% or $2.51, and marked a new high 17 times. However, the stock has declined by -8.88% since its 52-week high.
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FSK stock investors should be aware that FS KKR Capital Corp. (FSK) stock had its last reported insider trading activity 8 days ago on Aug 11. Pietrzak Daniel, the Co-President and CIO of the company, purchased of 5,000 shares for $20.12 on Aug 11. It resulted in a $100,600 investment by the insider. Sandler Elizabeth added 1,200 shares at an average price of $19.63 on Jun 02. The insider now owns 5,840 shares following the transaction. On Mar 15, Director Hopkins Jerel A bought 556 shares at $17.45 apiece. The transaction was valued at $9,699.
Valuation Metrics
Right now, FS KKR Capital Corp. (FSK) has a P/E ratio of about 83.38. The stock’s beta is 1.42. Besides these, the trailing price-to-sales (P/S) ratio of 3.15, the price-to-book (PB) ratio of 0.81.
The latest dividend of $0.06 per share was paid out, which is -90.63% less than last year’s $0.64.
Financial Health
Based on annual data, FSK earned $824.0 million in gross profit and brought in $1.64 billion in revenue.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. During the quarter, the company generated $351.0 million in EBITDA. The value of shareholders’ equity is $280.07 million.
Technical Picture
This quick technical analysis looks at FS KKR Capital Corp.’s (FSK) price momentum. With a historical volatility rate of 9.71%, the RSI 9-day stood at 46.72% on 18 August.
With respect to its five-day moving average, the current FS KKR Capital Corp. price is down by -0.74% percent or -$0.15. At present, FSK shares trade +0.70% above its 20-day simple moving average and +9.05% percent above its 100-day simple moving average. However, the stock is currently trading approximately +0.55% above its SMA50 and +4.22% above its SMA200.
Stochastic coefficient K was 25.97% and Stochastic coefficient D was 22.78%, while ATR was 0.25. Given the Stochastic reading of 43.90% for the 14-day period, the RSI (14) reading has been calculated as 50.97%. As of today, the MACD Oscillator reading stands at -0.14, while the 14-day reading stands at -0.17.
Analyst Ratings
B. Riley Securities launched its rating on FS KKR Capital Corp. (NYSE: FSK) to a Buy in a note to investors on July 28, 2023. FS KKR Capital Corp. (FSK) has been rated Overweight by analysts. According to 0 brokerage firms, FSK is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate FS KKR Capital Corp. stock as buy, with 4 recommending it as overweight.
With a median target price of $21.75, the current consensus forecast for the stock is $19.00 – $24.00. Based on these forecasts, analysts predict FS KKR Capital Corp. (FSK) will achieve an average price target of $21.45.