Eagle Point Credit Company Inc. found using ticker (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 10 and 8 and has a mean target at 8.67. Given that the stocks previous close was at 8.33 this now indicates there is a potential upside of 4.1%. The 50 day moving average now sits at 7.93 and the 200 day MA is 7.46. The market cap for the company is $272m. 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.