On Tuesday, Oaktree Specialty Lending Corp (NASDAQ: OCSL) was -0.91% drop from the session before settling in for the closing price of $16.56. A 52-week range for OCSL has been $15.56 – $21.64.
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When this article was written, the company’s average yearly earnings per share was at -9.70%. With a float of $79.25 million, this company’s outstanding shares have now reached $82.25 million.
In terms of profitability, gross margin is 114.4%, operating margin of 96.32%, and the pretax margin is 40.01%.
Oaktree Specialty Lending Corp (OCSL) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Oaktree Specialty Lending Corp stocks. The insider ownership of Oaktree Specialty Lending Corp is 2.70%, while institutional ownership is 38.26%. The most recent insider transaction that took place on Aug 13 ’24, was worth 21,726. In this transaction Director of this company bought 1,334 shares at a rate of $16.29, taking the stock ownership to the 12,500 shares. Before that another transaction happened on Feb 12 ’24, when Company’s Director bought 2,000 for $20.07, making the entire transaction worth $40,130. This insider now owns 11,166 shares in total.
Oaktree Specialty Lending Corp (OCSL) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -9.70% 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 12.36% growth over the previous five years of trading.
Oaktree Specialty Lending Corp (NASDAQ: OCSL) Trading Performance Indicators
You can see what Oaktree Specialty Lending Corp (OCSL) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.88, a number that is poised to hit 0.56 in the next quarter and is forecasted to reach 2.22 in one year’s time.
Technical Analysis of Oaktree Specialty Lending Corp (OCSL)
Let’s dig in a bit further. During the last 5-days, its volume was 0.53 million. That was inferior than the volume of 0.67 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 8.00%. Additionally, its Average True Range was 0.24.
During the past 100 days, Oaktree Specialty Lending Corp’s (OCSL) raw stochastic average was set at 19.45%, which indicates a significant increase from 14.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.37% in the past 14 days, which was lower than the 18.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.40, while its 200-day Moving Average is $19.23. However, in the short run, Oaktree Specialty Lending Corp’s stock first resistance to watch stands at $16.58. Second resistance stands at $16.75. The third major resistance level sits at $16.89. If the price goes on to break the first support level at $16.26, it is likely to go to the next support level at $16.12. Assuming the price breaks the second support level, the third support level stands at $15.95.
Oaktree Specialty Lending Corp (NASDAQ: OCSL) Key Stats
There are 81,396K outstanding shares of the company, which has a market capitalization of 1.35 billion. As of now, sales total 379,290 K while income totals 117,330 K. Its latest quarter income was 94,970 K while its last quarter net income were 1,120 K.
