Oxford Square Capital (NASDAQ:OXSQ) Stock Price Up 0.7%

Oxford Square Capital Corp. (NASDAQ:OXSQ) rose 0.7% during trading on Monday . The company traded as high as $2.81 and last traded at $2.81. Approximately 407,022 shares changed hands during mid-day trading, an increase of 35% from the average daily volume of 300,749 shares. The stock had previously closed at $2.79.

Analyst Ratings Changes

Separately, StockNews.com upgraded Oxford Square Capital from a “sell” rating to a “hold” rating in a research report on Wednesday, August 14th.

Oxford Square Capital Stock Up 0.7 %

The company has a 50-day moving average of $2.96 and a 200-day moving average of $3.05. The company has a market cap of $167.82 million, a PE ratio of 16.53 and a beta of 1.10.

Oxford Square Capital (NASDAQ:OXSQ) last posted its quarterly earnings data on Tuesday, August 13th. The company reported $0.13 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.13. The firm had revenue of $11.45 million for the quarter. Oxford Square Capital had a net margin of 6.05% and a return on equity of 18.70%. During the same period in the prior year, the firm earned $0.13 earnings per share.

Oxford Square Capital Announces Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 17th will be issued a dividend of $0.035 per share. The ex-dividend date is Thursday, October 17th. Oxford Square Capital’s dividend payout ratio (DPR) is presently 247.06%.

Hedge Funds Weigh In On Oxford Square Capital

Several institutional investors and hedge funds have recently bought and sold shares of the company. Quadrature Capital Ltd increased its stake in shares of Oxford Square Capital by 57.7% in the first quarter. Quadrature Capital Ltd now owns 133,168 shares of the company’s stock worth $422,000 after purchasing an additional 48,717 shares in the last quarter. CANADA LIFE ASSURANCE Co grew its stake 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 in the last quarter. Cape Investment Advisory Inc. bought a new stake in Oxford Square Capital during the 4th quarter valued at $69,000. First Bancorp Inc ME bought a new stake in Oxford Square Capital during the 2nd quarter valued at $53,000. Finally, LifeSteps Financial Inc. purchased a new stake in shares of Oxford Square Capital during the second quarter worth $29,000. 6.44% of the stock is 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.