Oxford Lane Capital (OXLC) Earns Daily Coverage Optimism Score of 0.04
Press coverage about Oxford Lane Capital (NASDAQ:OXLC) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Oxford Lane Capital earned a daily sentiment score of 0.04 on Accern’s scale. Accern also assigned media coverage about the investment management company an impact score of 46.8540365424367 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of equities research analysts have commented on the company. Zacks Investment Research upgraded Oxford Lane Capital from a “sell” rating to a “hold” rating in a research note on Friday, September 1st. Ladenburg Thalmann Financial Services reiterated a “buy” rating and issued a $11.00 price target (up from $10.25) on shares of Oxford Lane Capital in a research note on Thursday, October 5th.
Oxford Lane Capital (NASDAQ OXLC) traded down $0.02 during trading on Friday, reaching $10.06. The company’s stock had a trading volume of 134,128 shares, compared to its average volume of 137,420. Oxford Lane Capital has a 52 week low of $9.34 and a 52 week high of $11.65.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 15.90%. The ex-dividend date of this dividend is Thursday, December 14th. Oxford Lane Capital’s dividend payout ratio (DPR) is presently 116.79%.
TRADEMARK VIOLATION NOTICE: “Oxford Lane Capital (OXLC) Earns Daily Coverage Optimism Score of 0.04” was reported by Watch List News and is the sole property of of Watch List News. If you are viewing this news story on another website, it was stolen and reposted in violation of US & international copyright and trademark legislation. The legal version of this news story can be accessed at https://www.watchlistnews.com/oxford-lane-capital-oxlc-earns-daily-coverage-optimism-score-of-0-04/1739557.html.
Oxford Lane Capital Company Profile
Oxford Lane Capital Corp. is a non-diversified closed-end management investment company. The Fund’s investment objective is to maximize its portfolio’s risk adjusted total return and seeks to achieve its investment objective by investing in structured finance investments, specifically collateralized loan obligation (CLO) vehicles, which primarily own senior corporate debt securities.
Receive News & Ratings for Oxford Lane Capital Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Lane Capital Corp. and related companies with Analyst Ratings Network's FREE daily email newsletter.