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%.
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.
