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

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

Oxford Square Capital Stock Performance

Shares of OXSQ stock traded down $0.04 during trading on Monday, hitting $2.87. The company had a trading volume of 651,649 shares, compared to its average volume of 317,832. The firm has a market capitalization of $182.99 million, a P/E ratio of -28.70 and a beta of 1.10. The stock’s 50-day moving average price is $2.89 and its 200 day moving average price is $2.99. Oxford Square Capital has a one year low of $2.74 and a one year high of $3.29.

Oxford Square Capital (NASDAQ:OXSQ) last released 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 firm had revenue of $11.45 million during the quarter. During the same quarter in the previous year, the company earned $0.13 earnings per share.

Institutional Investors Weigh In On Oxford Square Capital

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Moloney Securities Asset Management LLC lifted its stake in Oxford Square Capital by 2.7% during the third quarter. Moloney Securities Asset Management LLC now owns 149,481 shares of the company’s stock worth $423,000 after purchasing an additional 3,900 shares during the last quarter. Creative Planning lifted its stake in shares of 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 acquiring an additional 6,103 shares during the last quarter. LifeSteps Financial Inc. bought a new position in shares of Oxford Square Capital in the 2nd quarter valued at $29,000. CANADA LIFE ASSURANCE Co lifted its stake in shares of 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 acquiring an additional 10,368 shares during the last quarter. Finally, First Bancorp Inc ME bought a new position in shares of Oxford Square Capital in the 2nd quarter valued at $53,000. 6.44% of the stock is currently owned by 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.