Oxford Square Capital (NASDAQ:OXSQ) Downgraded to Sell Rating by StockNews.com

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

Oxford Square Capital Price Performance

Oxford Square Capital stock traded down $0.04 during mid-day trading on Monday, hitting $2.87. The company’s stock had a trading volume of 651,649 shares, compared to its average volume of 317,832. The firm’s 50 day moving average is $2.89 and its 200 day moving average is $2.99. The company has a market cap of $182.99 million, a PE ratio of -28.70 and a beta of 1.10. Oxford Square Capital has a 52-week low of $2.74 and a 52-week high of $3.29.

Oxford Square Capital (NASDAQ:OXSQ) last issued its earnings results on Tuesday, August 13th. The company reported $0.13 earnings per share for the quarter, hitting the consensus estimate of $0.13. Oxford Square Capital had a positive return on equity of 18.89% and a negative net margin of 10.48%. The company had revenue of $11.45 million for the quarter. During the same period in the previous year, the company earned $0.13 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Moloney Securities Asset Management LLC increased its holdings in shares of Oxford Square Capital by 2.7% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 149,481 shares of the company’s stock valued at $423,000 after acquiring an additional 3,900 shares during the last quarter. Creative Planning grew its holdings in Oxford Square Capital by 17.6% in the 3rd quarter. Creative Planning now owns 40,840 shares of the company’s stock valued at $116,000 after buying an additional 6,103 shares during the last quarter. LifeSteps Financial Inc. acquired a new stake in Oxford Square Capital in the 2nd quarter valued at approximately $29,000. CANADA LIFE ASSURANCE Co grew its holdings in Oxford Square Capital by 22.1% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 57,288 shares of the company’s stock valued at $182,000 after buying an additional 10,368 shares during the last quarter. Finally, First Bancorp Inc ME acquired a new stake in Oxford Square Capital in the 2nd quarter valued at approximately $53,000. Institutional investors and hedge funds 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.