Oaktree Strategic Income (NASDAQ:OCSI) announced its quarterly earnings data on Wednesday. The company reported $0.17 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.01), Bloomberg Earnings reports. Oaktree Strategic Income had a net margin of 23.60% and a return on equity of 7.52%.
Shares of NASDAQ:OCSI traded up $0.04 during trading on Thursday, hitting $8.11. 199,100 shares of the stock were exchanged, compared to its average volume of 45,707. The company has a fifty day moving average price of $8.13 and a two-hundred day moving average price of $8.29. The company has a market cap of $238.68 million, a PE ratio of 12.10 and a beta of 0.55. Oaktree Strategic Income has a 12-month low of $7.52 and a 12-month high of $8.81.
Separately, Zacks Investment Research lowered Oaktree Strategic Income from a “buy” rating to a “hold” rating in a research note on Thursday, October 3rd.
Oaktree Strategic Income Company Profile
Fifth Street Senior Floating Rate Corp. is a business development company specializing in providing financing solutions in the form of floating rate senior secured loans to mid-sized companies.
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