OFS Capital (NASDAQ:OFS – Get Free Report) was downgraded by research analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research note issued on Thursday.
OFS Capital Stock Up 3.7 %
Shares of NASDAQ OFS opened at $9.34 on Thursday. The company 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. The business has a 50-day moving average of $8.30 and a two-hundred day moving average of $8.26. OFS Capital has a 1 year low of $7.75 and a 1 year 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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.25 by $0.05. The company had revenue of $11.65 million during the quarter, compared to the consensus estimate of $10.30 million. OFS Capital had a positive return on equity of 11.26% and a negative net margin of 2.29%. On average, analysts forecast that OFS Capital will post 1.17 earnings per share for the current fiscal year.
Institutional Trading of OFS Capital
About OFS Capital
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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