Eagle Point Credit Company Inc. with ticker code (ECC) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 16 and 8 with the average target price sitting at 10.67. Given that the stocks previous close was at 7.32 this would imply there is a potential upside of 45.8%. The 50 day MA is 6.25 and the 200 day MA is 11.46. The market capitalisation for the company is $212m. You can visit the company’s website by visiting: 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.