BKCC Stock Summary and Trading Ideas (Blackrock Cap Inv | NASDAQ:BKCC)

BlackRock Capital Investment Corporation is a closed-end investment management enterprise based in the United States. It carries out its operations to generate both income and capital appreciation for its investors through its senior and junior secured, unsecured, and subordinated debt securities and loans and equity securities. It also follows a policy of investing predominantly in middle-market companies with adequate annual revenue and positive cash flows. Its investment portfolio includes companies predominantly in the finance sector. Other sectors of investments comprise chemicals, healthcare, consumer goods, and retail.

Blackrock Cap Inv trades on the NASDAQ stock market under the symbol BKCC.

As of April 17, 2024, BKCC stock price was flat at $3.68 with million shares trading.

BKCC has a beta of 0.56, meaning it tends to be less sensitive to market movements. BKCC has a correlation of 0.10 to the broad based SPY ETF.

BKCC has a market cap of $267.06 million. This is considered a Small Cap stock.

Last quarter Blackrock Cap Inv reported $20 million in Revenue and $.12 earnings per share. This fell short of revenue expectation by $-11,000 and met earnings estimates .

In the last 3 years, BKCC stock traded as high as $4.47 and as low as $3.03.

BKCC has underperformed the market in the last year with a return of +17.2%, while the SPY ETF gained +22.5%. In the last 3 month period, BKCC fell short of the market, returning -2.3%, while SPY returned +6.3%. However, in the most recent 2 weeks BKCC has outperformed the stock market by returning 0.0%, while SPY returned -3.6%.

BKCC support price is $3.68 and resistance is $3.68 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BKCC stock will trade within this expected range on the day.