TPG Specialty Lending Inc (NYSE:TSLX) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 8, 2016
Zacks Investment Research has downgraded TPG Specialty Lending Inc (NYSE:TSLX) to Hold in a statement released on 10/06/2016.
Having a price of $18.07, TPG Specialty Lending Inc (NYSE:TSLX) traded -0.17% lower on the day. With the last stock price up 4.44% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. TSLX has recorded a 50-day average of $18.16 and a two hundred day average of $17.09. Trade Volume was down over the average, with 95,794 shares of TSLX changing hands under the typical 124,145
Recent Performance Chart
TPG Specialty Lending Inc has with a one year low of $15.11 and a one year high of $18.79 and has a market capitalization of $0.
General Company Details For TPG Specialty Lending Inc (NYSE:TSLX)
TPG Specialty Lending, Inc. (TSL) is an externally managed, closed-end, non-diversified management investment company. The Company is a specialty finance company focused on lending to middle-market companies. It seeks to generate current income primarily in the United States domiciled middle-market companies through direct originations of senior secured loans and, to a lesser extent, originations of mezzanine loans and investments in corporate bonds and equity securities. It is engaged in direct equity investments, sale of loans and debt and equity securities, and loan origination. The companies in which TSL invests use its capital to support organic growth, acquisitions, market or product expansion and recapitalizations. Its portfolio is invested in over 20 different industries, including healthcare, pharmaceuticals, manufacturing, retail and consumer products, electronics, hotel, gaming and leisure, and financial services. TSL is managed by TSL Advisers, LLC (the Adviser).
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.