There Is A Lot Of Upside Potential For Oxford Square Capital Corp(NASDAQ: OXSQ)

Oxford Square Capital Corp (NASDAQ:OXSQ) price on Friday, June 13, fall -1.30% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $2.28.

A look at the stock’s price movement, the close in the last trading session was $2.31. Turning to its 52-week performance, $3.10 and $2.26 were the 52-week high and 52-week low respectively. Overall, OXSQ moved -7.32% over the past month.

Oxford Square Capital Corp’s market cap currently stands at around $162.73 million, with investors looking forward to this quarter’s earnings report slated for in July. The company has a Forward Dividend ratio of 0.42, with its dividend yield at 18.42%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.

OXSQ’s current price about -2.48% and -6.08% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 30.68, while 7-day volatility ratio is 0.74% and 0.79% in the 30-day chart. Further, Oxford Square Capital Corp (OXSQ) has a beta value of 0.66, and an average true range (ATR) of 0.04.

If we refocus on Oxford Square Capital Corp (NASDAQ:OXSQ), historical trading data shows that trading volumes averaged 517.61K over the past 3 months. The company’s latest data on shares outstanding shows there are 71.37 million shares.

The 9.16% of Oxford Square Capital Corp’s shares are in the hands of company insiders while institutional holders own 6.90% of the company’s shares. Current price change has pushed the stock -6.56% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the OXSQ stock continues to rise going into the next quarter.

Stocks Register
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.