Oxford Square Capital Corp (NASDAQ:OXSQ) shares, rose in value on Friday, May 30, without any change to the previous day’s close as strong demand from buyers drove the stock to $2.33.
Actively observing the price movement in the last trading, the stock closed the session at $2.33. Referring to stock’s 52-week performance, its high was $3.13, and the low was $2.28. On the whole, OXSQ has fluctuated by -8.27% over the past month.
With the market capitalization of Oxford Square Capital Corp currently standing at about $166.30 million, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.42, with its dividend yield at 18.03%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OXSQ’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of OXSQ currently trading nearly -3.86% and -6.18% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 30.73, while the 7-day volatility ratio is showing 0.64% which for the 30-day chart, stands at 0.91%. Furthermore, Oxford Square Capital Corp (OXSQ)’s beta value is 0.66, and its average true range (ATR) is 0.05.
A comparison of Oxford Square Capital Corp (OXSQ) with its peers suggests the former has fared considerably weaker in the market. OXSQ showed an intraday change of 0.00% in last session, and over the past year, it shrunk by -23.61%%.
Data on historical trading for Oxford Square Capital Corp (NASDAQ:OXSQ) indicates that the trading volumes over the past 3 months, they’ve averaged 511.46K. According to company’s latest data on outstanding shares, there are 71.37 million shares outstanding.
Nearly 9.16% of Oxford Square Capital Corp’s shares belong to company insiders and institutional investors own 6.89% of the company’s shares. The stock has fallen by -4.51% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OXSQ stock heading into the next quarter.
