Oxford Square Capital (NASDAQ:OXSQ) Upgraded by StockNews.com to “Hold” Rating

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

Oxford Square Capital Stock Performance

OXSQ stock traded up $0.01 on Tuesday, reaching $2.60. The company’s stock had a trading volume of 436,670 shares, compared to its average volume of 390,277. The business has a fifty day simple moving average of $2.72 and a two-hundred day simple moving average of $2.75. Oxford Square Capital has a 12-month low of $2.40 and a 12-month high of $3.29. The firm has a market cap of $181.45 million, a PE ratio of -26.00 and a beta of 1.07.

Institutional Trading of Oxford Square Capital

A number of institutional investors and hedge funds have recently added to or reduced their stakes in OXSQ. National Wealth Management Group LLC purchased a new stake in Oxford Square Capital in the third quarter worth $28,000. Strategic Financial Concepts LLC purchased a new position in Oxford Square Capital during the fourth quarter valued at $30,000. United Bank purchased a new position in Oxford Square Capital during the fourth quarter valued at $43,000. Mercer Global Advisors Inc. ADV purchased a new position in Oxford Square Capital during the fourth quarter valued at $49,000. Finally, Oxford Asset Management LLP purchased a new position in Oxford Square Capital during the fourth quarter valued at $147,000. Hedge funds and other institutional investors own 6.44% of the company’s stock.

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.