Oaktree Specialty Lending Corp (NASDAQ: OCSL) is -21.65% lower on its value in year-to-date trading and has touched a low of $15.56 and a high of $21.64 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The OCSL stock was last observed hovering at around $16.09 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $16.00, the stock is -4.17% and -6.43% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.81 million and changing -0.56% at the moment leaves the stock -16.30% off its SMA200. OCSL registered -20.95% loss for a year compared to 6-month loss of -17.01%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -5.21% gain in the last 1 month and extending the period to 3 months gives it a -15.75%, and is -2.50% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.54% over the week and 1.27% over the month.
Current P/E ratio is 18.18 and Fwd P/E is 7.21. Distance from 52-week low is 2.86% and -26.06% from its 52-week high.
The EPS is expected to shrink by -9.70% this year
244.0 institutions hold shares in Oaktree Specialty Lending Corp (OCSL), with institutional investors hold 39.33% of the company’s shares. The shares outstanding are 82.25M, and float is at 79.25M with Short Float at 1.07%. Institutions hold 38.27% of the Float.
Oaktree Specialty Lending Corp (OCSL) Insider Activity
The most recent transaction is an insider purchase by CALDWELL PHYLLIS R, the company’s Director. SEC filings show that CALDWELL PHYLLIS R bought 1,334 shares of the company’s common stock on Aug 13 ’24 at a price of $16.29 per share for a total of $21726.0. Following the purchase, the insider now owns 12500.0 shares.
Oaktree Specialty Lending Corp disclosed in a document filed with the SEC on Feb 12 ’24 that CALDWELL PHYLLIS R (Director) bought a total of 2,000 shares of the company’s common stock. The trade occurred on Feb 12 ’24 and was made at $20.07 per share for $40130.0. Following the transaction, the insider now directly holds 11166.0 shares of the OCSL stock.
