Eagle Point Credit Company Inc. with ticker code (ECC) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 8 and 7 calculating the mean target price we have 7.33. Now with the previous closing price of 7.46 this is indicating there is a potential downside of -1.7%. The 50 day MA is 7.14 and the 200 day moving average is 9.13. The company has a market capitalisation of $221m. Visit the company website at: http://www.eaglepointcreditcompany.com
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.