Blue Owl Capital Co. III (NYSE:OBDE - Get Free Report)'s share price reached a new 52-week high during trading on Monday . The company traded as high as $16.80 and last traded at $16.38, with a volume of 92884 shares. The stock had previously closed at $15.00.
Wall Street Analysts Forecast Growth
Separately, Oppenheimer started coverage on Blue Owl Capital Co. III in a research note on Wednesday, April 17th. They issued an "outperform" rating and a $16.00 price objective on the stock.
Check Out Our Latest Stock Report on OBDE
Blue Owl Capital Co. III Price Performance
The company has a debt-to-equity ratio of 0.92, a current ratio of 1.78 and a quick ratio of 1.78. The company has a 50 day moving average price of $15.08.
Blue Owl Capital Co. III (NYSE:OBDE - Get Free Report) last issued its quarterly earnings results on Wednesday, February 21st. The company reported $0.58 earnings per share (EPS) for the quarter. Blue Owl Capital Co. III had a return on equity of 14.48% and a net margin of 67.44%. The firm had revenue of $111.54 million for the quarter. On average, research analysts predict that Blue Owl Capital Co. III will post 1.72 EPS for the current fiscal year.
Hedge Funds Weigh In On Blue Owl Capital Co. III
An institutional investor recently bought a new position in Blue Owl Capital Co. III stock. Requisite Capital Management LLC acquired a new stake in Blue Owl Capital Co. III (NYSE:OBDE - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 32,527 shares of the company's stock, valued at approximately $510,000.
About Blue Owl Capital Co. III
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Blue Owl Capital Corporation is a specialty finance company focused on lending to U.S. middle-market companies. Blue Owl Capital Corporation is based in NEW YORK.
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