Oaktree Specialty Lending Corp (NASDAQ: OCSL) kicked off on Tuesday, down -1.58% from the previous trading day, before settling in for the closing price of $16.47. Over the past 52 weeks, OCSL has traded in a range of $15.40-$21.64.
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While this was happening, its average annual earnings per share was recorded -9.70%. With a float of $80.02 million, this company’s outstanding shares have now reached $82.25 million.
In terms of profitability, gross margin is 127.85%, operating margin of 16.15%, and the pretax margin is 35.85%.
Oaktree Specialty Lending Corp (OCSL) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Asset Management Industry. The insider ownership of Oaktree Specialty Lending Corp is 2.70%, while institutional ownership is 39.10%. The most recent insider transaction that took place on Sep 20 ’24, was worth 16,009. In this transaction Director of this company bought 1,000 shares at a rate of $16.01, taking the stock ownership to the 13,500 shares. Before that another transaction happened on Aug 13 ’24, when Company’s Director bought 1,334 for $16.29, making the entire transaction worth $21,726. This insider now owns 12,500 shares in total.
Oaktree Specialty Lending Corp (OCSL) Earnings and Forecasts
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 13.00% growth over the previous five years of trading.
Oaktree Specialty Lending Corp (NASDAQ: OCSL) Trading Performance Indicators
Take a look at Oaktree Specialty Lending Corp’s (OCSL) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.43.
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)
Looking closely at Oaktree Specialty Lending Corp (NASDAQ: OCSL), its last 5-days average volume was 0.66 million, which is a drop from its year-to-date volume of 0.67 million. As of the previous 9 days, the stock’s Stochastic %D was 86.46%. Additionally, its Average True Range was 0.28.
During the past 100 days, Oaktree Specialty Lending Corp’s (OCSL) raw stochastic average was set at 25.31%, which indicates a significant decrease from 71.68% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.67% in the past 14 days, which was higher than the 20.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.17, while its 200-day Moving Average is $17.96. However, in the short run, Oaktree Specialty Lending Corp’s stock first resistance to watch stands at $16.45. Second resistance stands at $16.70. The third major resistance level sits at $16.86. If the price goes on to break the first support level at $16.04, it is likely to go to the next support level at $15.88. Should the price break the second support level, the third support level stands at $15.63.
Oaktree Specialty Lending Corp (NASDAQ: OCSL) Key Stats
The company with the Market Capitalisation of 1.33 billion has total of 82,245K Shares Outstanding. Its annual sales at the moment are 381,670 K in contrast with the sum of 57,910 K annual income. Company’s last quarter sales were recorded 94,690 K and last quarter income was 36,910 K.
