Oxford Square Capital (NASDAQ:OXSQ) Cut to Sell at StockNews.com

StockNews.com cut shares of Oxford Square Capital (NASDAQ:OXSQ) from a hold rating to a sell rating in a report issued on Friday.

Oxford Square Capital Price Performance

Shares of Oxford Square Capital stock opened at $2.81 on Friday. The company has a 50-day moving average of $2.70 and a 200 day moving average of $2.76. The firm has a market cap of $196.11 million, a price-to-earnings ratio of -28.10 and a beta of 1.07. Oxford Square Capital has a 1 year low of $2.40 and a 1 year high of $3.29.

Oxford Square Capital Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be given a dividend of $0.035 per share. This represents a $0.42 annualized dividend and a yield of 14.95%. The ex-dividend date is Monday, June 16th. Oxford Square Capital’s dividend payout ratio (DPR) is 420.00%.

Institutional Trading of Oxford Square Capital

Institutional investors have recently bought and sold shares of the company. National Wealth Management Group LLC purchased a new stake in Oxford Square Capital during the 3rd quarter valued at about $28,000. Strategic Financial Concepts LLC purchased a new stake in Oxford Square Capital during the 4th quarter valued at about $30,000. United Bank purchased a new stake in shares of Oxford Square Capital during the 4th quarter valued at about $43,000. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Oxford Square Capital during the 4th quarter valued at about $49,000. Finally, Creative Planning boosted its holdings in shares of Oxford Square Capital by 17.6% during the 3rd quarter. Creative Planning now owns 40,840 shares of the company’s stock valued at $116,000 after acquiring an additional 6,103 shares during the last quarter. 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.