Oxford Square Capital (NASDAQ:OXSQ) Stock Rating Lowered by StockNews.com

StockNews.com downgraded shares of Oxford Square Capital (NASDAQ:OXSQ) from a hold rating to a sell rating in a research report report published on Monday.

Oxford Square Capital Stock Up 4.6 %

Shares of NASDAQ:OXSQ opened at $2.48 on Monday. Oxford Square Capital has a twelve month low of $2.28 and a twelve month high of $3.29. The stock’s 50 day moving average is $2.68 and its 200-day moving average is $2.70. The firm has a market capitalization of $173.08 million, a price-to-earnings ratio of -24.80 and a beta of 0.71.

Oxford Square Capital Dividend Announcement

The firm also recently announced a dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be issued a $0.035 dividend. The ex-dividend date is Wednesday, April 16th. Oxford Square Capital’s dividend payout ratio is presently 420.00%.

Institutional Investors Weigh In On Oxford Square Capital

A number of institutional investors and hedge funds have recently bought and sold shares of OXSQ. Strategic Financial Concepts LLC purchased a new stake in Oxford Square Capital in the fourth quarter worth $30,000. United Bank bought a new position in shares of Oxford Square Capital in the fourth quarter worth $43,000. Mercer Global Advisors Inc. ADV bought a new stake in Oxford Square Capital during the fourth quarter valued at $49,000. Oxford Asset Management LLP purchased a new stake in Oxford Square Capital in the fourth quarter valued at approximately $147,000. Finally, BostonPremier Wealth LLC bought a new stake in shares of Oxford Square Capital during the 4th quarter worth $160,000. 6.44% of the stock is owned by hedge funds and other institutional investors.

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.