Media headlines about Oaktree Strategic Income (NASDAQ:OCSI) have trended somewhat positive on Monday, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Oaktree Strategic Income earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.5160830020774 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Oaktree Strategic Income (OCSI) traded down $0.01 during mid-day trading on Monday, hitting $8.45. The stock had a trading volume of 42,200 shares, compared to its average volume of 72,200. The stock has a market capitalization of $248.99, a PE ratio of -28.17 and a beta of 0.30. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 0.61. Oaktree Strategic Income has a 52-week low of $7.03 and a 52-week high of $10.37.
Oaktree Strategic Income (NASDAQ:OCSI) last posted its quarterly earnings data on Friday, December 1st. The company reported $0.19 EPS for the quarter. Oaktree Strategic Income had a positive return on equity of 7.20% and a negative net margin of 18.88%. analysts expect that Oaktree Strategic Income will post 0.76 EPS for the current year.
In related news, major shareholder Oaktree Capital Management Lp purchased 57,600 shares of the business’s stock in a transaction on Thursday, December 14th. The stock was acquired at an average price of $8.57 per share, with a total value of $493,632.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Leonard M. Tannenbaum sold 12,525 shares of the business’s stock in a transaction dated Friday, October 20th. The shares were sold at an average price of $9.01, for a total value of $112,850.25. Following the sale, the insider now directly owns 5,086,259 shares of the company’s stock, valued at approximately $45,827,193.59. The disclosure for this sale can be found here. In the last quarter, insiders have purchased 71,950 shares of company stock valued at $614,592 and have sold 54,960 shares valued at $495,119. 0.43% of the stock is currently owned by corporate insiders.
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About Oaktree Strategic Income
Oaktree Strategic Income Corporation, formerly Fifth Street Senior Floating Rate Corp., is a closed-end, non-diversified management investment company. The Company operates as a specialty finance company. The Company’s investment objective is to maximize its portfolio’s total return by generating current income from its debt investments while seeking to preserve its capital.
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