OFS Capital Corporation (NASDAQ: OFS) stock closed at $10.50 on 3/5/24 after a major decline of -11.3%. Moreover, this decline was accompanied by exceptionally high trading volume at 694% of normal. The stock has declined -8.2% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, OFS is expected to continue to be a Value Builder.
OFS Capital has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. OFS Capital has a slightly positive Appreciation Score of 66 and a good Power Rating of 82, and the Highest Value Trend Rating results.
Rating Review
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.
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