Sixth Street Specialty Lending I (NYSE: TSLX) has recently experienced extremely important negative changes in investment behavior: negative upside/downside volume developed, its shorter term price trend turned down, and the stock fell on very heavy volume.
Small negative changes in fundamentals have recently occurred for Sixth Street Specialty Lending I (NYSE: TSLX): the stock’s power rating fell below 50.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, TSLX is expected to continue to be an important Value Builder.
Sixth Street Specialty Lending I has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Sixth Street Specialty Lending I has a neutral Appreciation Score of 55 and a slightly negative Power Rating of 38, resulting in the Low Neutral Value Trend Rating.
Recent Price Action
Sixth Street Specialty Lending I (NYSE: TSLX) stock closed at $20.91 on 7/25/24 after a slight decline of -0.6%. Moreover, exceptionally high trading volume at 240% of normal accompanied the decline. The stock has declined -3.3% during the last week and has performed in line with the market over the last nine months.
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