OFS Capital (OFS) to Release Quarterly Earnings on Monday

OFS Capital (NASDAQ:OFS) is expected to issue its quarterly earnings data after the market closes on Monday, March 3rd. Analysts expect the company to announce earnings of $0.25 per share and revenue of $10.30 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

OFS Capital Stock Performance

NASDAQ:OFS opened at $8.30 on Friday. The firm has a 50-day moving average of $8.13 and a two-hundred day moving average of $8.20. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.12 and a quick ratio of 0.12. The stock has a market cap of $111.20 million, a P/E ratio of -92.21 and a beta of 1.75. OFS Capital has a 1-year low of $7.75 and a 1-year high of $11.94.

Institutional Inflows and Outflows

An institutional investor recently raised its position in OFS Capital stock. Bank of America Corp DE raised its holdings in OFS Capital Co. (NASDAQ:OFS) by 245.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,079 shares of the investment management company’s stock after purchasing an additional 5,029 shares during the period. Bank of America Corp DE owned about 0.05% of OFS Capital worth $57,000 as of its most recent SEC filing. 10.81% of the stock is owned by institutional investors and hedge funds.

OFS Capital Company Profile

OFS Capital Corporation is a business development company specializing in direct and fund investments as well as add-on acquisitions. It provides flexible capital solutions primarily through debt capital and to a lesser extent, minority equity investments serving the needs of U.S.-based middle-market companies across a broad array of industries.