Oaktree Specialty Lending Corp (NASDAQ: OCSL) is -19.74% 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 $16.36 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $16.39, the stock is 0.83% and -1.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.63 million and changing 0.18% at the moment leaves the stock -13.35% off its SMA200. OCSL registered -13.94% loss for a year compared to 6-month loss of -15.17%. The firm has a 50-day simple moving average (SMA 50) of $16.659 and a 200-day simple moving average (SMA200) of $18.89545.
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The stock witnessed a -3.19% gain in the last 1 month and extending the period to 3 months gives it a -12.54%, and is 1.74% up 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 1.32% over the week and 1.43% over the month.
Current P/E ratio is 18.62 and Fwd P/E is 7.38. Distance from 52-week low is 5.37% and -24.26% from its 52-week high.
The EPS is expected to shrink by -9.70% this year
242.0 institutions hold shares in Oaktree Specialty Lending Corp (OCSL), with institutional investors hold 39.18% of the company’s shares. The shares outstanding are 82.25M, and float is at 79.25M with Short Float at 0.96%. Institutions hold 38.12% 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 1,000 shares of the company’s common stock on Sep 20 ’24 at a price of $16.01 per share for a total of $16009.0. Following the purchase, the insider now owns 13500.0 shares.
Oaktree Specialty Lending Corp disclosed in a document filed with the SEC on Aug 13 ’24 that CALDWELL PHYLLIS R (Director) bought a total of 1,334 shares of the company’s common stock. The trade occurred on Aug 13 ’24 and was made at $16.29 per share for $21726.0. Following the transaction, the insider now directly holds 12500.0 shares of the OCSL stock.
Still, SEC filings show that on Feb 12 ’24, CALDWELL PHYLLIS R (Director) acquired 2,000 shares at an average price of $20.07 for $40130.0. The insider now directly holds 11,166 shares of Oaktree Specialty Lending Corp (OCSL).
