Oxford Square Capital (NASDAQ:OXSQ) Stock Price Up 0.7% – Should You Buy?

Oxford Square Capital Corp. (NASDAQ:OXSQ)’s stock price shot up 0.7% during trading on Friday . The company traded as high as $2.78 and last traded at $2.76. 486,946 shares traded hands during mid-day trading, an increase of 17% from the average session volume of 415,425 shares. The stock had previously closed at $2.74.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Oxford Square Capital from a “sell” rating to a “hold” rating in a report on Tuesday, November 19th.

Oxford Square Capital Trading Up 0.7 %

The stock has a market capitalization of $187.38 million, a PE ratio of -27.60 and a beta of 1.09. The business has a fifty day moving average price of $2.60 and a 200-day moving average price of $2.79.

Oxford Square Capital Announces Dividend

The company also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Monday, January 20th were paid a $0.035 dividend. This represents a yield of 16.09%. The ex-dividend date was Friday, January 17th. Oxford Square Capital’s dividend payout ratio is currently -419.96%.

Institutional Investors Weigh In On Oxford Square Capital

Hedge funds have recently made changes to their positions in the business. Founders Financial Alliance LLC lifted its stake in shares of Oxford Square Capital by 124.1% in the 4th quarter. Founders Financial Alliance LLC now owns 84,865 shares of the company’s stock valued at $207,000 after acquiring an additional 47,000 shares during the last quarter. Strategic Financial Concepts LLC purchased a new position in Oxford Square Capital in the 4th quarter worth approximately $30,000. BostonPremier Wealth LLC bought a new stake in Oxford Square Capital in the fourth quarter valued at approximately $160,000. Moloney Securities Asset Management LLC boosted its stake in shares of Oxford Square Capital by 3.6% during the fourth quarter. Moloney Securities Asset Management LLC now owns 154,800 shares of the company’s stock valued at $378,000 after purchasing an additional 5,319 shares during the period. Finally, Kingsview Wealth Management LLC grew its holdings in shares of Oxford Square Capital by 23.5% in the fourth quarter. Kingsview Wealth Management LLC now owns 68,425 shares of the company’s stock worth $167,000 after purchasing an additional 13,000 shares during the last quarter. 6.44% of the stock is currently owned by institutional investors.

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.