Oxford Lane Capital (NASDAQ:OXLCO) Trading Down 0.3% – Should You Sell?

Oxford Lane Capital Corp. (NASDAQ:OXLCOGet Free Report)’s stock price fell 0.3% on Friday . The stock traded as low as $22.98 and last traded at $22.98. 2,051 shares were traded during trading, a decline of 10% from the average session volume of 2,290 shares. The stock had previously closed at $23.06.

Oxford Lane Capital Trading Down 0.3 %

The company has a fifty day moving average price of $22.86 and a two-hundred day moving average price of $22.58.

Oxford Lane Capital 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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