Extremely significant negative changes in Oxford Square Capital Corp (NASDAQ: OXSQ) investment behavior have recently occurred: its longer term price trend turned down, its shorter term price trend turned down, and negative upside/downside volume developed.
Recent minimal negative changes in fundamentals have affected Oxford Square Capital Corp (NASDAQ: OXSQ): significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, OXSQ is expected to continue to be an important Value Builder.
Oxford Square Capital has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Oxford Square Capital has a neutral Power Rating of 41 and a slightly negative Appreciation Score of 38, leading to the Negative Value Trend Rating.
Recent Price Action
Oxford Square Capital Corp (NASDAQ: OXSQ) stock closed at $3.09 on 5/22/24 after a slight decline of -0.6%. Trading volume in this decline was normal. The stock has performed in line with the market over the last nine months and has declined -4.9% during the last week.
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