$538.52K in average volume shows that Sixth Street Specialty Lending Inc (TSLX) is heading in the right direction

Sixth Street Specialty Lending Inc (NYSE: TSLX) on Tuesday, soared 2.06% from the previous trading day, before settling in for the closing price of $21.81. Within the past 52 weeks, TSLX’s price has moved between $18.58 and $23.67.

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The company achieved an average annual earnings per share of -9.34%. With a float of $93.55 million, this company’s outstanding shares have now reached $93.96 million.

In terms of profitability, gross margin is 99.91%, operating margin of 97.01%, and the pretax margin is 52.05%.

Sixth Street Specialty Lending Inc (TSLX) Insider Activity

Observing investor behavior towards Asset Management industry stocks is more important than anything else. The insider ownership of Sixth Street Specialty Lending Inc is 0.43%, while institutional ownership is 52.52%. The most recent insider transaction that took place on Nov 20 ’24, was worth 20,530. In this transaction an insider of this company bought 1,000 shares at a rate of $20.53, taking the stock ownership to the 5,605 shares. Before that another transaction happened on Aug 07 ’24, when Company’s insider bought 500 for $20.45, making the entire transaction worth $10,225. This insider now owns 4,505 shares in total.

Sixth Street Specialty Lending Inc (TSLX) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.52 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -9.34% per share during the next fiscal year.

Sixth Street Specialty Lending Inc (NYSE: TSLX) Trading Performance Indicators

Sixth Street Specialty Lending Inc (TSLX) 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 4.35.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.89, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 2.08 in one year’s time.

Technical Analysis of Sixth Street Specialty Lending Inc (TSLX)

Analysing the last 5-days average volume posted by the [Sixth Street Specialty Lending Inc, TSLX], we can find that recorded value of 0.48 million was better than the volume posted last year of 0.46 million. As of the previous 9 days, the stock’s Stochastic %D was 82.46%. Additionally, its Average True Range was 0.52.

During the past 100 days, Sixth Street Specialty Lending Inc’s (TSLX) raw stochastic average was set at 72.30%, which indicates a significant decrease from 91.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.20% in the past 14 days, which was lower than the 23.23% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $21.38, while its 200-day Moving Average is $21.21. Now, the first resistance to watch is $22.56. This is followed by the second major resistance level at $22.86. The third major resistance level sits at $23.28. If the price goes on to break the first support level at $21.84, it is likely to go to the next support level at $21.42. Should the price break the second support level, the third support level stands at $21.12.

Sixth Street Specialty Lending Inc (NYSE: TSLX) Key Stats

Market capitalization of the company is 2.09 billion based on 93,964K outstanding shares. Right now, sales total 482,530 K and income totals 220,020 K. The company made 116,350 K in profit during its latest quarter, and 57,980 K in sales during its previous quarter.