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Blackstone Secured Lending Fund. (NYSE: BXSL) closed the day trading at $30.78 down -0.06% from the previous closing price of $30.80. In other words, the price has decreased by -$0.06 from its previous closing price. On the day, 0.64 million shares were traded. BXSL stock price reached its highest trading level at $31.0399 during the session, while it also had its lowest trading level at $30.6.
Ratios:
For a better understanding of BXSL, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.02 whereas as Long-Term Debt/Eq ratio is at 1.02.
JP Morgan Upgraded its Neutral to Overweight on October 23, 2023, whereas the target price for the stock was revised from $28 to $28.50.
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 5923272704. As of this moment, Blackstone’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.21, and their Forward P/E ratio for the next fiscal year is 9.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.01 while its Price-to-Book (P/B) ratio in mrq is 1.14.
Stock Price History:
The Beta on a monthly basis for BXSL is 0.46, which has changed by 0.11239612 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, BXSL has reached a high of $32.67, while it has fallen to a 52-week low of $25.83. The 50-Day Moving Average of the stock is -1.82%, while the 200-Day Moving Average is calculated to be 4.64%.
Shares Statistics:
Over the past 3-months, BXSL traded about 878.68K shares per day on average, while over the past 10 days, BXSL traded about 830200 shares per day. A total of 192.44M shares are outstanding, with a floating share count of 176.31M. Insiders hold about 0.10% of the company’s shares, while institutions hold 39.80% stake in the company. Shares short for BXSL as of 1695945600 were 392020 with a Short Ratio of 3.79, compared to 1693440000 on 304056. Therefore, it implies a Short% of Shares Outstanding of 392020 and a Short% of Float of 0.22999999999999998.
