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

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

Oxford Square Capital Price Performance

OXSQ opened at $2.52 on Friday. The company’s 50 day simple moving average is $2.59 and its two-hundred day simple moving average is $2.66. The firm has a market capitalization of $175.87 million, a price-to-earnings ratio of -25.20 and a beta of 0.73. Oxford Square Capital has a 1-year low of $2.28 and a 1-year high of $3.28.

Oxford Square Capital (NASDAQ:OXSQ) last released its quarterly earnings data on Friday, April 25th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. Oxford Square Capital had a positive return on equity of 18.58% and a negative net margin of 10.48%. The company had revenue of $10.16 million for the quarter, compared to analyst estimates of $9.90 million. During the same quarter in the previous year, the company posted $0.11 earnings per share.

Institutional Trading of Oxford Square Capital

Several hedge funds have recently made changes to their positions in the company. Kingsview Wealth Management LLC raised its position in shares of Oxford Square Capital by 23.4% during the 1st quarter. Kingsview Wealth Management LLC now owns 84,425 shares of the company’s stock valued at $220,000 after buying an additional 16,000 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in Oxford Square Capital by 42.8% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 18,782 shares of the company’s stock valued at $49,000 after purchasing an additional 5,626 shares during the period. Kennedy Investment Group acquired a new position in shares of Oxford Square Capital in the 1st quarter valued at $26,000. Silverberg Bernstein Capital Management LLC grew its holdings in shares of Oxford Square Capital by 20.0% during the 1st quarter. Silverberg Bernstein Capital Management LLC now owns 55,919 shares of the company’s stock worth $146,000 after purchasing an additional 9,337 shares during the period. Finally, Two Sigma Advisers LP grew its holdings in shares of Oxford Square Capital by 10.8% during the 4th quarter. Two Sigma Advisers LP now owns 1,414,613 shares of the company’s stock worth $3,452,000 after purchasing an additional 137,400 shares during the period. Hedge funds and other institutional investors own 6.44% 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.