Oaktree Specialty Lending Corp (OCSL) saw downtrend of -1.08% in the recent trading with $15.56 being its most recent. The current price level -22.24% lower than the highest price of $20.01 marked by the stock while trading over the past 52-weeks, whereas it is 4.50% higher than the lowest price of $14.89 the company dropped to over past 52-weeks. The latest news story on OCSL appeared in (GlobeNewswire) under the title “Oaktree Specialty Lending Corporation Prices Public Offering of $300,000,000 6.340% Notes due 2030”.
Squeezing the time span to 30 day period shows us the stock is currently trading -4.48% below one month high and is +0.84% above of the lowest during that time. Looking into the simple moving average, Oaktree Specialty Lending Corp (OCSL)’s stock stands at a SMA-50 of $15.68 while that of 5-day is reading $15.81.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and OCSL’s SMA-200 as of now is $16.68.
Oaktree Specialty Lending Corp Earnings – What Happened With OCSL
Coming around sales and income figures on OCSL Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
OCSL – Oaktree Specialty Lending Corp Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 82.25 million. OCSL does have institutional investors; and they hold 47.62% of the stock.
Oaktree Specialty Lending Corp – Insider Activity and Holdings
As on 2024-06-30, VAN ECK ASSOCIATES CORP was the top most holder in Oaktree Specialty Lending Corp (NASDAQ:OCSL) with an ownership of 1.89 million shares of the company or 2.3039 of the stake worth $35.46 million. The filing also reveals OAKTREE CAPITAL MANAGEMENT LP as the second largest holder in the company with a control over 2.2638 of the outstanding shares. Its stake is worth $34.84 million for having 1.85 million shares in hand.
ARES MANAGEMENT LLC also came holding a key position in the company during the recent quarter and it now holds 2.1586 of the outstanding shares. With this there are now 232.0 institutions which have possession in OCSL’s shares.
Technical Analysis of Oaktree Specialty Lending Corp (NASDAQ:OCSL) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Oaktree Specialty Lending Corp (OCSL), we notice that the stock’s 20-day average volume is at 946,565 shares. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 780,978 shares. And to end, OCSL’s 100-day average volume is 788,269 shares with 100% of the long-term indicators pointing towards Sell for the stock.
