Oxford Square Capital (NASDAQ:OXSQ) Announces Quarterly Earnings Results

Oxford Square Capital (NASDAQ:OXSQ) posted its earnings results on Tuesday. The company reported $0.07 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.07, Zacks reports. Oxford Square Capital had a positive return on equity of 15.19% and a negative net margin of 3.35%.

Oxford Square Capital Trading Up 0.3%

Shares of NASDAQ:OXSQ traded up $0.01 during midday trading on Tuesday, reaching $1.90. 178,530 shares of the company were exchanged, compared to its average volume of 627,981. Oxford Square Capital has a one year low of $1.56 and a one year high of $2.96. The stock has a market cap of $147.88 million, a PE ratio of -94.75 and a beta of 0.62. The business’s fifty day moving average is $1.91 and its two-hundred day moving average is $2.19.

Institutional Investors Weigh In On Oxford Square Capital

Several hedge funds and other institutional investors have recently made changes to their positions in OXSQ. Legal & General Group Plc boosted its holdings in shares of Oxford Square Capital by 4.5% in the 2nd quarter. Legal & General Group Plc now owns 468,312 shares of the company’s stock valued at $1,042,000 after buying an additional 20,205 shares in the last quarter. Marshall Wace LLP acquired a new position in shares of Oxford Square Capital in the 2nd quarter valued at $332,000. Jane Street Group LLC lifted its stake in shares of Oxford Square Capital by 68.0% in the 2nd quarter. Jane Street Group LLC now owns 130,609 shares of the company’s stock valued at $291,000 after purchasing an additional 52,857 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of Oxford Square Capital in the 1st quarter valued at $28,000. Hedge funds and other institutional investors own 6.44% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Oxford Square Capital in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Oxford Square Capital presently has an average rating of “Sell”.

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.