Breaking Finance News

TPG Specialty Lending (NYSE:TSLX) has been downgraded from Buy to Neutral in a statement by National Securities today.

Yesterday TPG Specialty Lending (NYSE:TSLX) traded -2.11% lower at $18.39. The company’s 50-day moving average is $17.94 and its 200-day moving average is $17.50. The last stock close price is up 4.71% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 99,492 shares of the stock were exchanged, down from an average trading volume of 126,516

National Securities has downgraded TPG Specialty Lending (NYSE:TSLX) from Buy to Neutral in a report released on 11/28/2016.

See Chart Below

TPG Specialty Lending (NYSE:TSLX)

TPG Specialty Lending has a 52 week low of $15.11 and a 52 week high of $18.79 The company’s market cap is currently $0.

About TPG Specialty Lending (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.

Leave a Reply

Your email address will not be published. Required fields are marked *