OFS Capital Corp (NASDAQ: OFS) stock suffered a major decline of -10.7% on 9/26/22. The shares closed at $7.69. Moreover, trading volume in this decline was exceptionally high at 434% of normal. The stock has been strong relative to the market over the last nine months but has declined -25.8% during the last week.
Current PriceTarget Research Rating
OFS is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
OFS Capital has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. OFS Capital has a good Appreciation Score of 79 and a good Power Rating of 80, producing the Highest Value Trend Rating.
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.