tradingkey.logo

OFS Capital hits over two-month high after quarterly profit beat

ReutersMar 4, 2025 6:40 PM

Shares of business development company OFS Capital OFS.O rise as much as 4.8%, hitting their highest since December last year

OFS, late Monday, posted Q4 profit above Wall Street expectations for the second consecutive quarter

Stock outperforms peers, even as broader markets struggled amid concerns over a potential trade war

More than 89,000 shares traded, nearly three times their 25-day moving average, according to data compiled by LSEG

OFS is focused on lending to U.S. middle-market companies

Stock up 7.7% YTD

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI