A Brief Fundamental Overview of American Capital Senior Floating Ltd. (NASDAQ: ACSF)


Shares of American Capital Senior Floating, Ltd. (NASDAQ:ACSF) last traded at $13.00. (NASDAQ:ACSF) performance year to date is 12.53%. The 200 day simple moving average is 12.04%. The 200 simple moving average (SMA) is considered a key indicator by traders and market analysts for determining the overall long-term trend. The price level in a market that coincides with the 200 SMA is recognized as a major support when price is above the 200 SMA or resistance when price is below the 200 SMA level.

American Capital Senior Floating, Ltd. is an externally managed, non-diversified closed-end investment management company. It manages a portfolio composed primarily of diversified investments in first lien and second lien floating rate loans to large-market, U.S. based companies and opportunistic investments in equity tranches of collateralized loan obligations. American Capital Senior Floating, Ltd. is based in United States.

American Capital Senior Floating, Ltd. (NASDAQ:ACSF) has been in the news for all the right reasons. Recently, American Capital Senior Floating, Ltd. (NASDAQ:ACSF) announced that its Board of Directors declared monthly cash distributions of $0.097 per share of common stock for each of May, June and July 2017.

The Barchart Technical Opinion rating is a 32% Sell with a Strengthening short term outlook on maintaining the current direction. Longer term, the trend strength is Average.

The Exponential Moving Average (EMA) is similar to a simple moving average (average price over a set period) but it utilizes a weighting factor that exponentially declines from the most recent data point (recent prices are weighted higher than oid prices). EMA analysis compares the short term (5 days and 13 days), intermediate term (20 days) and long term (50 days) EMA’s. The respective EMA’s will give bullish signals when trading above trailing EMA’s and below the current price and vice versa. EMA alerts include crossovers (i.e the 5 day EMA crosses above/below the 20 day EMA) and EMA convergencies (5 day EMA equivalent to 13 day EMA). The 5 day EMA 13.21 is higher than the last trade price suggesting a short term bearish pattern building up. Long term, the 50 day EMA 13.28 is also higher than the current trading price depicting a bearish trend overall..

The relative strength index (RSI) is a momentum oscillator that is able to measure the velocity and magnitude of stock price changes. Momentum is calculated as the ratio of positive price changes to negative price changes. The RSI analysis compares the current RSI against neutral(50), oversold (30) and overbought (70) conditions. Alerts will inform you when stocks recede from oversold/overbought levels or breakthrough neutral (50). The current RSI is 39.70 suggesting a bearish price action.

American Capital Senior Floating, Ltd. (NASDAQ:ACSF) is all set to announce its earnings on May 10/b. As per Zack’s analyst ratings, American Capital Senior Floating, Ltd. (NASDAQ:ACSF) currently has an average brokerage rating of . On a scale of 1 to 5, a rating of 1 or 2 would indicate a buy, and a rating of 4 or 5 would signify a sell recommendation. A rating of 3 would indicate a hold on the stock. The consensus target price on (NASDAQ:ACSF) is $ with a high of $ and a low of $.

As such, while we believe American Capital Senior Floating, Ltd. (NASDAQ:ACSF) represents a compelling growth story exposed to several secularly attractive markets, it would be interesting to see how it fairs for long-term investors.

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