FS KKR Capital Corp. (FSK): The stock short term indicators are indicating Sell today

FS KKR Capital Corp. (FSK) saw an uptrend of 0.74% in the recent trading with $19.10 being its most recent. The current price level -8.49% lower than the highest price of $20.87 marked by the stock while trading over the past 52-weeks, whereas it is 11.59% higher than the lowest price of $17.12 the company dropped to over past 52-weeks. The latest news story on FSK appeared in (InvestorPlace) under the title “High-Yield Haven: 3 Top Stocks Offering 6.5% Returns or More”.

Squeezing the time span to 30 day period shows us the stock is currently trading -2.20% below one month high and is +4.31% above of the lowest during that time. Looking into the simple moving average, FS KKR Capital Corp. (FSK)’s stock stands at a SMA-50 of $19.56 while that of 5-day is reading $18.98.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and FSK’s SMA-200 as of now is $19.75.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.60 for the stock.

FS KKR Capital Corp. Earnings – What Happened With FSK

Coming around sales and income figures on FSK Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. FS KKR Capital Corp. (FSK) last released financial results for the quarter that ended 12/30/2023, posting a surprise factor of 0.00% for net revenue.

FSK – FS KKR Capital Corp. Stock Earnings Estimates

The perspective of FS KKR Capital Corp. (NYSE:FSK)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.75 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was 0.75.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 280.07 million. FSK does have institutional investors; and they hold 33.45% of the stock.

FS KKR Capital Corp. – Insider Activity and Holdings

As on Jun 29, 2023, Kohlberg Kravis Roberts & Co. L.P. was the top most holder in FS KKR Capital Corp. (NYSE:FSK) with an ownership of 19.71 million shares of the company or 7.04% of the stake worth $377.95 million. The filing also reveals Oak Hill Advisors, L.P. as the second largest holder in the company with a control over 2.71% of the outstanding shares. Its stake is worth $145.78 million for having 7.6 million shares in hand.

Commonwealth Equity Services, LLC also came holding a key position in the company during the recent quarter and it now holds 1.52% of the outstanding shares. With this there are now 543 institutions which have possession in FSK’s shares.

Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.60 for the stock.

Technical Analysis of FS KKR Capital Corp. (NYSE:FSK) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for FS KKR Capital Corp. (FSK), we notice that the stock’s 20-day average volume is at 1,755,210 shares and 50% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 1,810,436 shares. And to end, FSK’s 100-day average volume is 1,727,388 shares with 50% of the long-term indicators pointing towards Sell for the stock.