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Eagle Point Credit Company (NYSE:ECC) Inc. (EICA) stock has soared to a 52-week high, reaching a price level of $24.24, with a notably low beta of 0.47 indicating reduced market volatility. According to InvestingPro data, the company maintains an impressive 5.2% dividend yield. This peak reflects a notable uptrend for the investment management firm, which specializes in fixed income. Investors have shown increased confidence in EICA’s performance and strategy, supported by robust fundamentals including a P/E ratio of 8.57 and remarkable revenue growth of 73% over the last twelve months. The 1-year total return of 8.31% further underscores this positive sentiment, signaling a robust year for the company amidst a dynamic market environment. InvestingPro subscribers can access additional insights, including 5 more exclusive ProTips about EICA’s financial health and growth prospects.
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