OFS Capital Corp (NASDAQ:OFS) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 15, 2016
Zacks Investment Research has downgraded OFS Capital Corp (NASDAQ:OFS) to Hold in a statement released on 10/12/2016.
On 10/11/2016, Zacks Investment Research released a statement about OFS Capital Corp (NASDAQ:OFS) upped the target price from $0.00 to $15.00 that suggested an upside of 0.11%.
Having a price of $13.56, OFS Capital Corp (NASDAQ:OFS) traded -0.79% lower on the day. With the last stock price up 3.12% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. OFS has recorded a 50-day average of $13.61 and a two hundred day average of $13.33. Trade Volume was up over the average, with 115,401 shares of OFS changing hands over the typical 33,882
Recent Performance Chart
OFS Capital Corp has with a one year low of $9.98 and a one year high of $14.25 and has a market capitalization of $0.
General Company Details For OFS Capital Corp (NASDAQ:OFS)
OFS Capital Corporation (OFS Capital) is an externally managed, closed-end, non-diversified management investment company. The Company's investment objective is to provide its shareholders with both current income and capital appreciation primarily through debt investments and equity investments. It focuses primarily on middle-market companies in the United States, including senior secured loans, including first-lien, second-lien and unitranche loans, as well as subordinated loans, and warrants and other minority equity securities. The Company may make investments directly or through OFS SBIC I, LP (SBIC I LP), its investment company subsidiary. It focuses on investments in loans, in which OFS Advisor's investment professionals have expertise, including investments in first-lien, unitranche, second-lien, and mezzanine loans and, to a lesser extent, on warrants and other equity securities. The Company's investment activities are managed by OFS Capital Management, LLC (OFS Advisor).
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