OFS Capital (NASDAQ:OFS – Get Free Report) was downgraded by stock analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a report released on Thursday.
OFS Capital Price Performance
Shares of NASDAQ:OFS opened at $9.34 on Thursday. The business’s 50 day simple moving average is $8.30 and its 200-day simple moving average is $8.26. The firm has a market capitalization of $125.16 million, a price-to-earnings ratio of -103.77 and a beta of 1.76. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.12 and a quick ratio of 0.12. OFS Capital has a 12 month low of $7.75 and a 12 month high of $10.15.
OFS Capital (NASDAQ:OFS – Get Free Report) last announced its quarterly earnings results on Monday, March 3rd. The investment management company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.25 by $0.05. OFS Capital had a positive return on equity of 11.26% and a negative net margin of 2.29%. The business had revenue of $11.65 million for the quarter, compared to analyst estimates of $10.30 million. As a group, equities analysts forecast that OFS Capital will post 1.17 earnings per share for the current fiscal year.
Institutional Investors Weigh In On OFS Capital
OFS Capital Company Profile
OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It provides flexible capital solutions primarily through debt capital and to a lesser extent, minority equity investments serving the needs of U.S.-based middle-market companies across a broad array of industries.
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