Weiss Ratings Reaffirms Sell (D+) Rating for Oxford Square Capital (NASDAQ:OXSQ)

Oxford Square Capital (NASDAQ:OXSQ)‘s stock had its “sell (d+)” rating reissued by stock analysts at Weiss Ratings in a report issued on Saturday,Weiss Ratings reports.

Oxford Square Capital Stock Performance

Shares of NASDAQ OXSQ opened at $1.85 on Friday. The company has a market cap of $144.37 million, a price-to-earnings ratio of -92.50 and a beta of 0.62. Oxford Square Capital has a 12-month low of $1.56 and a 12-month high of $2.96. The stock’s 50 day simple moving average is $1.96 and its 200 day simple moving average is $2.22.

Oxford Square Capital (NASDAQ:OXSQ) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.08 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.08. The business had revenue of $9.52 million for the quarter, compared to the consensus estimate of $10.00 million. Oxford Square Capital had a positive return on equity of 15.19% and a negative net margin of 3.35%.

Hedge Funds Weigh In On Oxford Square Capital

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Dynamic Technology Lab Private Ltd bought a new stake in shares of Oxford Square Capital during the 1st quarter worth $28,000. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Oxford Square Capital by 42.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 18,782 shares of the company’s stock worth $49,000 after acquiring an additional 5,626 shares in the last quarter. Parkside Financial Bank & Trust purchased a new stake in shares of Oxford Square Capital during the second quarter worth $49,000. Ethos Financial Group LLC acquired a new position in Oxford Square Capital during the first quarter worth $123,000. Finally, Silverberg Bernstein Capital Management LLC increased its position in Oxford Square Capital by 27.9% during the second quarter. Silverberg Bernstein Capital Management LLC now owns 71,516 shares of the company’s stock worth $159,000 after buying an additional 15,597 shares during the last quarter. 6.44% of the stock is owned by institutional investors.

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.