Eagle Point Credit Company Inc. with ticker code (ECC) have now 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 16 and 15.5 and has a mean target at 15.83. Given that the stocks previous close was at 13.71 this now indicates there is a potential upside of 15.5%. The 50 day moving average now sits at 14.18 while the 200 day moving average is 13.91. The company has a market cap of $478m. You can visit the company’s website by visiting: https://www.eaglepointcreditcompany.com
The potential market cap would be $552m 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.
