Main Street Capital Corporation (NYSE:MAIN) traded today at a new 52-week high of $44.15. This new high was reached on below average trading volume as 61,000 shares traded hands, while the average 30-day volume is approximately 250,000 shares.
Based on a current price of $44.03, Main Street Capital Corporation is currently 91.6% above its average consensus analyst price target of $3.71.
Main Street Capital Corp is an investment firm engaged in providing customized debt and equity financing to lower middle market companies and debt capital to middle market companies. The investment portfolio of the company is typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. The group invests in secured debt investments, equity investments, warrants and other securities of the lower middle market and middle market companies based in the US. Business is functioned through the U.S region and it derives the majority of the income from the source of fee, commission, and interest.
Over the past year, Main Street Capital Corporation has traded in a range of $26.68 to $44.15 and is now at $44.03, 65% above that low.
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