Is Blackrock TCP Capital Corp. technically bullish or bearish?
2025-09-20 19:52:03As of 7 August 2025, the technical trend for Blackrock TCP Capital Corp. has changed from mildly bearish to bearish. The current stance is bearish with a strong indication from multiple indicators. The MACD is bearish on both weekly and monthly time frames, and the Bollinger Bands also reflect a bearish trend in both weekly and monthly periods. Daily moving averages confirm a bearish outlook as well. The KST and OBV are bearish on both weekly and monthly time frames, while the Dow Theory indicates a mildly bearish stance in both time frames. In terms of performance, the stock has underperformed against the S&P 500 across multiple periods, with a year-to-date return of -23.65% compared to the S&P 500's 12.22%, and a one-year return of -21.58% versus the S&P 500's 17.14%....
Read MoreIs Blackrock TCP Capital Corp. overvalued or undervalued?
2025-09-20 18:26:11As of 7 August 2024, the valuation grade for Blackrock TCP Capital Corp. has moved from very attractive to risky, indicating a significant shift in its financial outlook. The company is currently considered overvalued, as evidenced by its Price to Book Value of 0.85 and an EV to Capital Employed ratio of 0.83, which suggest that the market may not be pricing in the risks adequately. Additionally, the company's ROCE stands at a low 4.21%, while its ROE is negative at -6.05%, further highlighting its financial struggles compared to peers. In the peer comparison, Blackrock TCP Capital Corp. has a P/E ratio of -51.75, contrasting sharply with its peer's EV to EBITDA of 8.30, which underscores its underperformance. The company's dividend yield of 12.25% may attract some investors, but the overall financial metrics point to a concerning valuation. Over the past year, Blackrock TCP Capital Corp. has underperforme...
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