Oxford Square Capital (NASDAQ:OXSQ) Downgraded by StockNews.com to “Sell”

Oxford Square Capital (NASDAQ:OXSQ) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Monday.

Oxford Square Capital Stock Performance

OXSQ traded down $0.04 on Monday, hitting $2.87. 651,649 shares of the company were exchanged, compared to its average volume of 317,832. The stock’s fifty day moving average is $2.89 and its 200-day moving average is $2.99. The company has a market cap of $182.99 million, a PE ratio of -28.70 and a beta of 1.10. Oxford Square Capital has a 12 month low of $2.74 and a 12 month high of $3.29.

Oxford Square Capital (NASDAQ:OXSQ) last announced its quarterly earnings results on Tuesday, August 13th. The company reported $0.13 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.13. The firm had revenue of $11.45 million for the quarter. Oxford Square Capital had a positive return on equity of 18.89% and a negative net margin of 10.48%. During the same period last year, the firm earned $0.13 EPS.

Hedge Funds Weigh In On Oxford Square Capital

Several institutional investors and hedge funds have recently made changes to their positions in OXSQ. LifeSteps Financial Inc. acquired a new position in shares of Oxford Square Capital in the second quarter valued at approximately $29,000. First Bancorp Inc ME acquired a new position in shares of Oxford Square Capital in the second quarter valued at approximately $53,000. Creative Planning grew its position in shares of Oxford Square Capital by 17.6% in the third quarter. Creative Planning now owns 40,840 shares of the company’s stock valued at $116,000 after purchasing an additional 6,103 shares during the last quarter. CANADA LIFE ASSURANCE Co grew its position in shares of Oxford Square Capital by 22.1% in the first quarter. CANADA LIFE ASSURANCE Co now owns 57,288 shares of the company’s stock valued at $182,000 after purchasing an additional 10,368 shares during the last quarter. Finally, International Assets Investment Management LLC grew its position in shares of Oxford Square Capital by 166.5% in the third quarter. International Assets Investment Management LLC now owns 137,312 shares of the company’s stock valued at $389,000 after purchasing an additional 85,792 shares during the last quarter. Institutional investors and hedge funds 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.