OFS Capital hits over two-month high after quarterly profit beat

OFS Capital

04/03/2025 18:40

** Shares of business development company OFS Capital OFS.O rise as much as 4.8%, hitting their highest since December last year

** OFS, late Monday, posted Q4 profit above Wall Street expectations for the second consecutive quarter

** Stock outperforms peers, even as broader markets struggled amid concerns over a potential trade war

** More than 89,000 shares traded, nearly three times their 25-day moving average, according to data compiled by LSEG

** OFS is focused on lending to U.S. middle-market companies

** Stock up 7.7% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com;))