Oaktree Specialty Lending Corporation (NASDAQ: OCSL) on Tuesday, soared 0.20% from the previous trading day, before settling in for the closing price of $19.60. Within the past 52 weeks, OCSL’s price has moved between $17.93 and $21.64.
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The company achieved an average annual earnings per share of -6.90%. With a float of $75.96 million, this company’s outstanding shares have now reached $78.97 million.
Oaktree Specialty Lending Corporation (OCSL) Insider and Institutional Ownership
Observing investor behavior towards Credit Services industry stocks is more important than anything else. The insider ownership of Oaktree Specialty Lending Corporation is 2.81%, while institutional ownership is 40.58%. The most recent insider transaction that took place on Feb 12 ’24, was worth 40,130. In this transaction Director of this company bought 2,000 shares at a rate of $20.07, taking the stock ownership to the 11,166 shares.
Oaktree Specialty Lending Corporation (OCSL) Latest Financial update
As on 12/31/2023, Multinational firm has announced its last quarter scores, in which it reported 0.62 earnings per share (EPS) for the period topping the consensus outlook (set at 0.62) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.58 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -6.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to 14.05% growth over the previous five years of trading.
Oaktree Specialty Lending Corporation (NASDAQ: OCSL) Trading Performance Indicators
Oaktree Specialty Lending Corporation (OCSL) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.55, a number that is poised to hit 0.58 in the next quarter and is forecasted to reach 2.26 in one year’s time.
Technical Analysis of Oaktree Specialty Lending Corporation (OCSL)
The latest stats from [Oaktree Specialty Lending Corporation, OCSL] show that its last 5-days average volume of 0.47 million was inferior to 0.66 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 80.28%. Additionally, its Average True Range was 0.22.
During the past 100 days, Oaktree Specialty Lending Corporation’s (OCSL) raw stochastic average was set at 25.65%, which indicates a significant decrease from 76.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 9.60% in the past 14 days, which was lower than the 18.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.61, while its 200-day Moving Average is $19.94. Now, the first resistance to watch is $19.71. This is followed by the second major resistance level at $19.78. The third major resistance level sits at $19.85. If the price goes on to break the first support level at $19.56, it is likely to go to the next support level at $19.49. The third support level lies at $19.42 if the price breaches the second support level.
Oaktree Specialty Lending Corporation (NASDAQ: OCSL) Key Stats
Market capitalization of the company is 1.55 billion based on 78,965K outstanding shares. Right now, sales total 379,290 K and income totals 117,330 K. The company made 97,990 K in profit during its latest quarter, and 10,540 K in sales during its previous quarter.
