Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZ) Stock Price Up 0.1% – Should You Buy?

Oxford Lane Capital Corp. 5.00% Notes due 2027 (NASDAQ:OXLCZGet Free Report) shares rose 0.1% on Thursday . The company traded as high as $23.81 and last traded at $23.81. Approximately 2,738 shares changed hands during mid-day trading, an increase of 6% from the average daily volume of 2,593 shares. The stock had previously closed at $23.77.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Stock Performance

The company has a 50-day simple moving average of $23.74 and a 200-day simple moving average of $23.58.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Sunday, December 15th were issued a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a yield of 5.25%. The ex-dividend date of this dividend was Friday, December 13th.

Oxford Lane Capital Corp. 5.00% Notes due 2027 Company Profile

(Get Free Report)

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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