Oxford Square Capital (NASDAQ:OXSQ) Raised to “Hold” at StockNews.com

Oxford Square Capital (NASDAQ:OXSQ) was upgraded by StockNews.com from a “sell” rating to a “hold” rating in a report issued on Tuesday.

Oxford Square Capital Price Performance

Oxford Square Capital stock opened at $2.70 on Tuesday. The business has a 50 day simple moving average of $2.87 and a 200-day simple moving average of $2.97. Oxford Square Capital has a 12 month low of $2.67 and a 12 month high of $3.29. The stock has a market capitalization of $183.31 million, a PE ratio of -27.00 and a beta of 1.10.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. National Wealth Management Group LLC purchased a new stake in Oxford Square Capital in the 3rd quarter valued at approximately $28,000. LifeSteps Financial Inc. acquired a new stake in shares of Oxford Square Capital in the 2nd quarter valued at approximately $29,000. First Bancorp Inc ME purchased a new stake in shares of Oxford Square Capital in the second quarter valued at approximately $53,000. Creative Planning grew its holdings in Oxford Square Capital by 17.6% during the third quarter. Creative Planning now owns 40,840 shares of the company’s stock worth $116,000 after acquiring an additional 6,103 shares during the period. Finally, CANADA LIFE ASSURANCE Co raised its position in Oxford Square Capital by 22.1% in the first quarter. CANADA LIFE ASSURANCE Co now owns 57,288 shares of the company’s stock worth $182,000 after acquiring an additional 10,368 shares in the last quarter. 6.44% of the stock is currently owned by institutional investors and hedge funds.

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.