Eagle Point Credit Company (NYSE:ECC) Inc. (EICA) has reached a new 52-week high, with its stock price climbing to $24.08. According to InvestingPro data, the company maintains a strong financial health score labeled as 'GREAT' and offers an attractive dividend yield of 5.21%. This milestone reflects a significant uptrend for the company, with InvestingPro data showing an impressive 72.96% revenue growth over the last twelve months. Investors have shown growing confidence in Eagle Point's performance, propelling the stock to this new high. The company's low beta of 0.47 indicates relatively stable price movements, while its P/E ratio of 8.57 suggests reasonable valuation. The 52-week high serves as a key indicator for potential investors, signaling the stock's strong momentum and the company's robust financial health within the current market cycle.
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