Morgan Stanley Direct Lending Fund (MSDL) concluded trading on Wednesday at a closing price of $20.84, with 0.44 million shares of worth about $9.19 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -8.92% during that period and on November 27, 2024 the price saw a gain of about 0.48%. Currently the company’s common shares owned by public are about 88.77M shares, out of which, 88.59M shares are available for trading.
Stock saw a price change of 1.76% in past 5 days and over the past one month there was a price change of 4.99%. Over the period of past 52 weeks, stock dropped to lowest price of $18.86 but also hit the highest price of $23.94 during that period. The average intraday trading volume for Morgan Stanley Direct Lending Fund shares is 358.63K. The stock is currently trading 2.86% above its 20-day simple moving average (SMA20), while that difference is up 4.01% for SMA50 and it goes to -0.44% lower than SMA200.
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Morgan Stanley Direct Lending Fund (NYSE: MSDL) currently have 88.77M outstanding shares and institutions hold larger chunk of about 19.08% of that.
The stock has a current market capitalization of $1.85B. PE ratio of stock for trailing 12 months is 8.18, while it has posted earnings per share of $2.55 in the same period. It has a debt-to-equity ratio of 0.99. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MSDL, volatility over the week remained 1.43% while standing at 1.73% over the month.
Stock’s fiscal year EPS is expected to drop by -4.84% while it is estimated to decrease by -11.83% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by UBS on July 18, 2024 offering a Neutral rating for the stock and assigned a target price of $23.50 to it. On February 20, 2024, Wells Fargo Initiated their recommendations, while on February 20, 2024, UBS Initiated their ratings for the stock with a price target of $23.50. Stock get an Outperform rating from RBC Capital Mkts on February 20, 2024.
