Shares of Owl Rock Capital Corporation (NYSE:ORCC) traded today at $14.97, eclipsing its 52-week high. This new high was reached on approximately average trading volume as 877,000 shares traded hands, while the average 30-day volume is approximately 1.2 million shares.
Owl Rock Capital Corp is a specialty finance company focused on lending to U.S. middle-market companies. Its capital would be used by the portfolio companies to support growth, acquisitions, market or product expansion, refinancings and/or recapitalizations. Its investment objective is to generate current income and, to a lesser extent, capital appreciation by targeting investment opportunities with risk-adjusted returns.
Owl Rock Capital Corporation (NYSE:ORCC) is currently priced 53.8% above its average consensus analyst price target of $6.90.
In the past 52 weeks, Owl Rock Capital Corporation share prices are bracketed by a low of $11.12 and a high of $14.97 and is now at $14.94, 34% above that low price.
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