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

Key Points

• Weiss Ratings has reaffirmed a "sell (D+)" rating for Oxford Square Capital (NASDAQ:OXSQ), indicating ongoing concerns about the company's stock performance.
• As of the latest report, Oxford Square Capital's stock trades around $1.74 with a market cap of $135.79 million and a negative P/E ratio of -87.00.
• In its most recent quarterly earnings, Oxford Square Capital reported earnings per share of $0.08, meeting expectations but falling short on revenue, which was $9.52 million against a forecast of $10.00 million.

Oxford Square Capital (NASDAQ:OXSQ - Get Free Report)'s stock had its "sell (d+)" rating reissued by equities research analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Oxford Square Capital Stock Performance

NASDAQ:OXSQ opened at $1.74 on Wednesday. The stock has a market cap of $135.79 million, a price-to-earnings ratio of -87.00 and a beta of 0.62. Oxford Square Capital has a one year low of $1.56 and a one year high of $2.99. The business's 50-day simple moving average is $2.09 and its 200 day simple moving average is $2.28.

Oxford Square Capital (NASDAQ:OXSQ - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.08 earnings per share for the quarter, meeting the consensus estimate of $0.08. The firm had revenue of $9.52 million during the quarter, compared to analyst estimates of $10.00 million. Oxford Square Capital had a positive return on equity of 15.19% and a negative net margin of 3.35%.

Institutional Trading of Oxford Square Capital

Several hedge funds and other institutional investors have recently modified their holdings of the company. Kennedy Investment Group bought a new position in Oxford Square Capital during the first quarter valued at about $26,000. Dynamic Technology Lab Private Ltd bought a new position in Oxford Square Capital during the first quarter valued at about $28,000. Cambridge Investment Research Advisors Inc. increased its stake in 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 valued at $49,000 after acquiring an additional 5,626 shares during the period. Parkside Financial Bank & Trust acquired a new stake in Oxford Square Capital during the second quarter valued at approximately $49,000. Finally, Ethos Financial Group LLC acquired a new stake in Oxford Square Capital during the first quarter valued at approximately $123,000. 6.44% of the stock is currently owned by hedge funds and other 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.

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