Oaktree Specialty Lending Corp (OCSL) posted a -6.11% change over the last five days signaling a new trend

Oaktree Specialty Lending Corp (NASDAQ: OCSL) on Monday, plunged -4.18% from the previous trading day, before settling in for the closing price of $16.04. Within the past 52 weeks, OCSL’s price has moved between $15.40 and $21.64.

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The company achieved an average annual earnings per share of -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) Breakdown of a Key Holders of the stock

Observing investor behavior towards Asset Management industry stocks is more important than anything else. 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) Recent Fiscal highlights

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

Oaktree Specialty Lending Corp (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 3.25.

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)

Compared to the last year’s volume of 0.67 million, its volume of 0.99 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 22.22%. Additionally, its Average True Range was 0.30.

During the past 100 days, Oaktree Specialty Lending Corp’s (OCSL) raw stochastic average was set at 4.04%, which indicates a significant decrease from 10.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.41% in the past 14 days, which was higher than the 21.17% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $16.16, while its 200-day Moving Average is $17.79. Nevertheless, the first resistance level for the watch stands at $15.50 in the near term. At $15.63, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.76. If the price goes on to break the first support level at $15.24, it is likely to go to the next support level at $15.11. Now, if the price goes above the second support level, the third support stands at $14.98.

Oaktree Specialty Lending Corp (NASDAQ: OCSL) Key Stats

Market capitalization of the company is 1.26 billion based on 82,245K outstanding shares. Right now, sales total 381,670 K and income totals 57,910 K. The company made 94,690 K in profit during its latest quarter, and 36,910 K in sales during its previous quarter.