Oxford Square Capital (NASDAQ:OXSQ) Cut to Sell at StockNews.com

Oxford Square Capital (NASDAQ:OXSQ) was downgraded by equities researchers at StockNews.com from a “hold” rating to a “sell” rating in a research report issued on Tuesday.

Oxford Square Capital Trading Up 0.3 %

Shares of OXSQ traded up $0.01 on Tuesday, reaching $2.97. The company’s stock had a trading volume of 260,209 shares, compared to its average volume of 259,376. Oxford Square Capital has a twelve month low of $2.82 and a twelve month high of $3.29. The stock has a market capitalization of $186.25 million, a PE ratio of 17.47 and a beta of 1.11. The firm has a fifty day moving average of $3.00 and a 200-day moving average of $3.08.

Institutional Investors Weigh In On Oxford Square Capital

Institutional investors have recently bought and sold shares of the stock. LifeSteps Financial Inc. bought a new position in Oxford Square Capital during the 2nd quarter valued at $29,000. First Bancorp Inc ME bought a new position in shares of Oxford Square Capital during the second quarter valued at about $53,000. Cape Investment Advisory Inc. bought a new position in shares of Oxford Square Capital during the fourth quarter valued at about $69,000. CANADA LIFE ASSURANCE Co boosted its holdings in Oxford Square Capital by 22.1% during the first quarter. CANADA LIFE ASSURANCE Co now owns 57,288 shares of the company’s stock worth $182,000 after purchasing an additional 10,368 shares during the last quarter. Finally, Quadrature Capital Ltd grew its position in Oxford Square Capital by 48.5% in the 4th quarter. Quadrature Capital Ltd now owns 84,451 shares of the company’s stock worth $242,000 after purchasing an additional 27,589 shares in the last quarter. Institutional investors own 6.44% of the company’s stock.

About Oxford Square Capital

Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. It is a private equity and mezzanine firm. The firm invests in both public and private companies. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock and syndicated bank loans.