Oxford Square Capital (NASDAQ:OXSQ) Stock Rating Upgraded by StockNews.com

Oxford Square Capital (NASDAQ:OXSQ) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued on Tuesday.

Oxford Square Capital Stock Performance

Shares of OXSQ opened at $2.60 on Tuesday. The stock has a 50-day simple moving average of $2.72 and a 200-day simple moving average of $2.75. The stock has a market capitalization of $181.45 million, a PE ratio of -26.00 and a beta of 1.07. Oxford Square Capital has a 1 year low of $2.40 and a 1 year high of $3.29.

Institutional Investors Weigh In On Oxford Square Capital

Several institutional investors have recently added to or reduced their stakes in OXSQ. National Wealth Management Group LLC purchased a new stake in Oxford Square Capital during the third quarter worth approximately $28,000. Strategic Financial Concepts LLC acquired a new position in Oxford Square Capital during the fourth quarter worth approximately $30,000. Kingsview Wealth Management LLC increased its position in Oxford Square Capital by 23.5% during the fourth quarter. Kingsview Wealth Management LLC now owns 68,425 shares of the company’s stock worth $167,000 after buying an additional 13,000 shares during the period. Moloney Securities Asset Management LLC increased its position in Oxford Square Capital by 3.6% during the fourth quarter. Moloney Securities Asset Management LLC now owns 154,800 shares of the company’s stock worth $378,000 after buying an additional 5,319 shares during the period. Finally, BostonPremier Wealth LLC acquired a new position in Oxford Square Capital during the fourth quarter worth approximately $160,000. Hedge funds and other institutional investors own 6.44% of the company’s stock.

About Oxford Square Capital

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.