Oxford Square Capital Corp (NASDAQ:OXSQ) has earned a consensus rating of “Hold” from the six ratings firms that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $5.33.
A number of research firms have weighed in on OXSQ. ValuEngine raised shares of Oxford Square Capital from a “sell” rating to a “hold” rating in a report on Tuesday. Zacks Investment Research raised shares of Oxford Square Capital from a “hold” rating to a “buy” rating and set a $6.00 price objective for the company in a report on Wednesday, November 6th. Finally, TheStreet cut shares of Oxford Square Capital from a “b-” rating to a “c+” rating in a report on Friday, August 23rd.
OXSQ traded up $0.05 on Wednesday, reaching $5.33. The stock had a trading volume of 236,722 shares, compared to its average volume of 176,740. Oxford Square Capital has a 12-month low of $5.02 and a 12-month high of $7.45. The business’s 50-day moving average price is $5.47 and its two-hundred day moving average price is $6.12. The company has a market cap of $250.90 million, a P/E ratio of 7.96 and a beta of 0.45.
Oxford Square Capital (NASDAQ:OXSQ) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.01). Oxford Square Capital had a negative net margin of 97.29% and a positive return on equity of 12.94%. The firm had revenue of $13.41 million during the quarter. Analysts predict that Oxford Square Capital will post 0.82 EPS for the current year.
In related news, COO Saul B. Rosenthal bought 10,400 shares of the company’s stock in a transaction dated Monday, December 2nd. The shares were acquired at an average price of $5.28 per share, for a total transaction of $54,912.00. Following the completion of the transaction, the chief operating officer now directly owns 1,225,088 shares in the company, valued at $6,468,464.64. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Saul B. Rosenthal bought 5,200 shares of the company’s stock in a transaction dated Wednesday, November 27th. The stock was bought at an average price of $5.17 per share, for a total transaction of $26,884.00. Following the transaction, the chief operating officer now owns 1,206,891 shares of the company’s stock, valued at $6,239,626.47. The disclosure for this purchase can be found here. In the last quarter, insiders bought 27,096 shares of company stock worth $142,179. Company insiders own 8.40% of the company’s stock.
Several hedge funds and other institutional investors have recently made changes to their positions in OXSQ. Virtus ETF Advisers LLC acquired a new stake in shares of Oxford Square Capital in the second quarter valued at about $5,460,000. Callodine Capital Management LP acquired a new position in Oxford Square Capital during the second quarter worth about $320,000. Van ECK Associates Corp boosted its position in Oxford Square Capital by 10.1% during the second quarter. Van ECK Associates Corp now owns 446,883 shares of the company’s stock worth $2,860,000 after acquiring an additional 41,124 shares during the last quarter. Marshall Wace LLP acquired a new position in Oxford Square Capital during the first quarter worth about $222,000. Finally, BlackRock Inc. boosted its position in Oxford Square Capital by 14.9% during the second quarter. BlackRock Inc. now owns 249,343 shares of the company’s stock worth $1,596,000 after acquiring an additional 32,332 shares during the last quarter. Institutional investors and hedge funds own 15.91% of the company’s stock.
About Oxford Square Capital
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.
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