Blue Owl Capital Corp (NYSE:OBDC) shares, rose in value, with the stock price down by -0.98% to the previous day’s close as strong demand from buyers drove the stock to $13.57.
Actively observing the price movement in the recent trading, the stock is buoying the session at $13.71. The PE ratio was 8.90 over 12-month period. Referring to stock’s 52-week performance, its high was $16.73, and the low was $12.11. On the whole, OBDC has fluctuated by 8.77% over the past month.
With the market capitalization of Blue Owl Capital Corp currently standing at about $6.94 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.47, with its dividend yield at 10.85%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OBDC’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of OBDC currently trading nearly -1.63% and -5.11% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.65, while the 7-day volatility ratio is showing 1.60% which for the 30-day chart, stands at 3.31%. Furthermore, Blue Owl Capital Corp (OBDC)’s beta value is 0.78, and its average true range (ATR) is 0.37.
A comparison of Blue Owl Capital Corp (OBDC) with its peers suggests the former has fared considerably weaker in the market. OBDC showed an intraday change of -0.98% in today’s session so far, and over the past year, it shrunk by -15.73%%.
Data on historical trading for Blue Owl Capital Corp (NYSE:OBDC) indicates that the trading volumes over the past 3 months, they’ve averaged 4.09 million. According to company’s latest data on outstanding shares, there are 511.05 million shares outstanding.
Nearly 5.34% of Blue Owl Capital Corp’s shares belong to company insiders and institutional investors own 41.60% of the company’s shares. The stock has fallen by -9.92% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OBDC stock heading into the next quarter.
