OFS Capital Corp’s stock (OFS) continues to rise above its goal

Abby Carey

Currently, OFS Capital Corp [OFS] is trading at $4.76, up 2.15%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OFS shares have gain 3.48% over the last week, with a monthly amount drifted -3.84%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

OFS Capital Corp [NASDAQ: OFS] stock has seen the most recent analyst activity on July 01, 2021, when Oppenheimer initiated its Perform rating and assigned the stock a price target of $10. Previously, Janney downgraded its rating to Neutral on April 01, 2020. On November 11, 2019, downgrade downgraded it’s rating to Neutral. Ladenburg Thalmann upgraded its rating to a Buy but stick to its price target of $12 on August 05, 2019. Ladenburg Thalmann downgraded its rating to a Neutral. Robert W. Baird downgraded its rating to Neutral for this stock on August 07, 2017, and downed its price target to $13. In a note dated March 27, 2017, Ladenburg Thalmann upgraded an Buy rating on this stock.

This stock has fluctuated between a low of $4.44 and a high of $9.80 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $7 within the next 12 months. OFS Capital Corp [NASDAQ: OFS] shares were valued at $4.76 at the most recent close of the market. An investor can expect a potential return of 47.06% based on the average OFS price forecast.

Analyzing the OFS fundamentals

Trailing Twelve Months sales for OFS Capital Corp [NASDAQ:OFS] were 29.05M which represents 3240.96% growth. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.43.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.62 points at the first support level, and at 4.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.88, and for the 2nd resistance point, it is at 5.01.

Ratios To Look Out For

To put it in perspective, the Current Ratio for OFS Capital Corp [NASDAQ:OFS] is 0.20. Also, the Quick Ratio is 0.20, while the Cash Ratio stands at 0.08. Considering the valuation of this stock, the price to sales ratio is 2.20, the price to book ratio is 0.47 and price to earnings (TTM) ratio is 19.74.

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