Oxford Square Capital (NASDAQ:OXSQ) Upgraded to “Hold” by StockNews.com

Oxford Square Capital (NASDAQ:OXSQ) was upgraded by research analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued to investors on Wednesday.

Oxford Square Capital Stock Up 1.0 %

NASDAQ:OXSQ traded up $0.03 on Wednesday, hitting $3.06. The stock had a trading volume of 319,171 shares, compared to its average volume of 258,098. The business’s 50-day simple moving average is $2.99 and its two-hundred day simple moving average is $3.08. The stock has a market cap of $191.89 million, a price-to-earnings ratio of 18.00 and a beta of 1.11. Oxford Square Capital has a 52-week low of $2.82 and a 52-week high of $3.29.

Oxford Square Capital (NASDAQ:OXSQ) last announced its earnings results on Tuesday, August 13th. The company reported $0.13 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.13. Oxford Square Capital had a net margin of 18.57% and a return on equity of 17.71%. The company had revenue of $11.45 million during the quarter. During the same quarter last year, the firm posted $0.13 earnings per share.

Institutional Investors Weigh In On Oxford Square Capital

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. LifeSteps Financial Inc. purchased a new stake in shares of Oxford Square Capital in the second quarter worth $29,000. CANADA LIFE ASSURANCE Co lifted its position in shares of Oxford Square Capital by 22.1% in the first quarter. CANADA LIFE ASSURANCE Co now owns 57,288 shares of the company’s stock valued at $182,000 after acquiring an additional 10,368 shares in the last quarter. First Bancorp Inc ME bought a new position in shares of Oxford Square Capital in the second quarter worth about $53,000. Cape Investment Advisory Inc. purchased a new stake in shares of Oxford Square Capital during the fourth quarter worth about $69,000. Finally, Quadrature Capital Ltd raised its stake in Oxford Square Capital by 48.5% during the 4th quarter. Quadrature Capital Ltd now owns 84,451 shares of the company’s stock valued at $242,000 after purchasing an additional 27,589 shares during the period. 6.44% of the stock is owned by hedge funds and other institutional investors.

Oxford Square Capital Company Profile

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.