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After finishing at $20.38 in the prior trading day, Sixth Street Specialty Lending Inc (NYSE: TSLX) closed at $19.79, down -2.89%. In other words, the price has decreased by -$2.89 from its previous closing price. On the day, 0.77 million shares were traded. TSLX stock price reached its highest trading level at $20.52 during the session, while it also had its lowest trading level at $19.515.
Ratios:
Our goal is to gain a better understanding of TSLX by taking a closer look at its different ratios.
B. Riley Securities Downgraded its Buy to Neutral on November 06, 2023, while the target price for the stock was maintained at $22.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 20 ’24 when Graf Michael bought 1,000 shares for $20.53 per share. The transaction valued at 20,530 led to the insider holds 5,605 shares of the business.
Graf Michael bought 500 shares of TSLX for $10,225 on Aug 07 ’24. The insider now owns 4,505 shares after completing the transaction at $20.45 per share. On Aug 05 ’24, another insider, Slotkin Judy S, who serves as the Director of the company, bought 7,015 shares for $19.90 each. As a result, the insider paid 139,598 and bolstered with 18,726 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TSLX now has a Market Capitalization of 1853559168 and an Enterprise Value of 3801249536. As of this moment, Sixth’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.75, and their Forward P/E ratio for the next fiscal year is 9.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.84 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 7.878.
Stock Price History:
The Beta on a monthly basis for TSLX is 0.87, which has changed by -0.046265066 over the last 52 weeks, in comparison to a change of 0.028231144 over the same period for the S&P500. Over the past 52 weeks, TSLX has reached a high of $23.67, while it has fallen to a 52-week low of $18.58. The 50-Day Moving Average of the stock is -11.00%, while the 200-Day Moving Average is calculated to be -6.65%.
Shares Statistics:
The stock has traded on average 460.66K shares per day over the past 3-months and 769480 shares per day over the last 10 days, according to various share statistics. A total of 93.66M shares are outstanding, with a floating share count of 93.26M. Insiders hold about 0.42% of the company’s shares, while institutions hold 50.68% stake in the company. Shares short for TSLX as of 1741910400 were 1709944 with a Short Ratio of 3.59, compared to 1739491200 on 1141673. Therefore, it implies a Short% of Shares Outstanding of 1709944 and a Short% of Float of 1.8900000000000001.
Dividends & Splits
In the trailing 12 months, TSLX’s forward annual dividend rate was 0.0, compared to 1.83 this year. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 7.41.
