Oxford Lane Capital Corp. (NASDAQ:OXLC – Get Free Report) shares rose 0.2% during mid-day trading on Wednesday . The company traded as high as $5.31 and last traded at $5.30. Approximately 448,175 shares were traded during trading, a decline of 86% from the average daily volume of 3,247,120 shares. The stock had previously closed at $5.29.
Oxford Lane Capital Trading Up 0.2 %
The firm’s fifty day moving average is $5.31 and its 200-day moving average is $5.32. The stock has a market capitalization of $1.27 billion, a PE ratio of 5.25 and a beta of 1.15.
Oxford Lane Capital Dividend Announcement
The company also recently announced a dividend, which will be paid on Thursday, October 31st. Stockholders of record on Thursday, October 17th will be given a $0.09 dividend. The ex-dividend date is Thursday, October 17th. Oxford Lane Capital’s payout ratio is 99.01%.
Institutional Inflows and Outflows
Oxford Lane Capital Company Profile
Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated.
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