Eagle Point Credit Company Inc. with ticker code (ECC) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 13 and 11.5 and has a mean target at 12.33. With the stocks previous close at 11.08 this would indicate that there is a potential upside of 11.3%. The 50 day moving average now sits at 10.92 and the 200 moving average now moves to 12.09. The market capitalisation for the company is $484m. Visit the company website at: https://www.eaglepointcreditcompany.com
The potential market cap would be $539m based on the market concensus.
Eagle Point Credit Company Inc. is a closed ended fund launched and managed by Eagle Point Credit Management LLC. It invests in fixed income markets of the United States. The fund invests equity and junior debt tranches of collateralized loan obligations consisting primarily of below investment grade U.S. senior secured loans. Eagle Point Credit Company Inc. was formed on March 24, 2014 and is domiciled in the United States.
