OFS Capital Corporation (OFS) Forms Bearish Double Bottom at $11.50

June 29, 2018 - By Daniel Cummings

During Q1 2018 the big money sentiment decreased to 1. That’s change of 0.30, from 2017Q4’s 1.3. 1 investors sold all, 8 reduced holdings as OFS Capital Corporation ratio turned negative. 7 grew stakes while 2 funds took stakes. Funds hold 2.66 million shares thus 0.55% less from 2017Q4’s 2.68 million shares.
Freestone Cap Holding Ltd Liability Corp accumulated 233,542 shs or 0.15% of the stock. Savings Bank Of America De owns 3,500 shs. Asset has 389,121 shs for 0.07% of their capital. Punch & Associates Inv Mgmt Inc has invested 0.25% in OFS Capital Corporation (NASDAQ:OFS). Trexquant Inv Limited Partnership reported 22,238 shs. Shikiar Asset Management invested in 12,950 shs or 0.07% of the stock. 201,187 are owned by Jpmorgan Chase &. 15,312 are owned by Sigma Planning Corp. Ares Limited Liability Corporation reported 101,955 shs. 295,506 are held by Muzinich &. Morgan Stanley owns 138,571 shs for 0% of their capital. Axa reported 10,200 shs or 0% of all its holdings. Confluence Inv Management Ltd Llc reported 0.09% in OFS Capital Corporation (NASDAQ:OFS). Buckhead Mgmt Limited Liability holds 0.23% or 92,050 shs in its capital. Wells Fargo Mn holds 0% in OFS Capital Corporation (NASDAQ:OFS) or 19,819 shs.

OFS Capital Corporation (OFS) shows double bottom. It has $10.58 price target and $11.50 price per share. The $153.52 million company shows high risk because of the 7 months chart setup. Finviz.com announced the double bottom chart setup on Jun, 29. The company’s valuation will be $12.28M less at $10.58 price target.

OFS hit $11.5009 during the last trading session after $0.0609 change.Currently OFS Capital Corporation is downtrending after 17.90% change in last June 29, 2017. OFS has 27,544 shares volume. OFS underperformed the S&P 500 by 30.47%.

OFS Capital Corporation (NASDAQ:OFS)’s earnings report is expected on August, 3., RTT reports. The EPS diference is $0.00 or 0.00 % from last years number. Previous year: $0.33; Analysts forcast: $0.33. In case of $0.33 EPS OFS’s profit could be $4.41M. 13.79 % EPS growth is what analysts predict. $0.29 EPS was revealed for previous quarter.

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