The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
After finishing at $26.88 in the prior trading day, Blackstone Secured Lending Fund (NYSE: BXSL) closed at $28.99, up 7.85%. In other words, the price has increased by $7.85 from its previous closing price. On the day, 4.53 million shares were traded. BXSL stock price reached its highest trading level at $29.3 during the session, while it also had its lowest trading level at $25.89.
Ratios:
Our goal is to gain a better understanding of BXSL by taking a closer look at its different ratios.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BXSL now has a Market Capitalization of 6604472832 and an Enterprise Value of 13474802688. As of this moment, Blackstone’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.40, and their Forward P/E ratio for the next fiscal year is 9.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.98 while its Price-to-Book (P/B) ratio in mrq is 1.06. Its current Enterprise Value per Revenue stands at 10.155.
Stock Price History:
The Beta on a monthly basis for BXSL is 0.59, which has changed by -0.062419116 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, BXSL has reached a high of $34.64, while it has fallen to a 52-week low of $26.40. The 50-Day Moving Average of the stock is -11.52%, while the 200-Day Moving Average is calculated to be -7.67%.
Shares Statistics:
The stock has traded on average 1.22M shares per day over the past 3-months and 2479720 shares per day over the last 10 days, according to various share statistics. A total of 227.82M shares are outstanding, with a floating share count of 204.46M. Insiders hold about 8.84% of the company’s shares, while institutions hold 40.67% stake in the company. Shares short for BXSL as of 1741910400 were 2259658 with a Short Ratio of 1.85, compared to 1739491200 on 2060348. Therefore, it implies a Short% of Shares Outstanding of 2259658 and a Short% of Float of 0.9900000000000001.
Dividends & Splits
In the trailing 12 months, BXSL’s forward annual dividend rate was 3.08, compared to 3.08 this year. Against a Trailing Annual Dividend Yield of 0.114583336
