Recent exceptional negative changes in investment behavior have affected Oxford Square Capital Corp (NASDAQ: OXSQ): the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and negative upside/downside volume developed.
Oxford Square Capital Corp (NASDAQ: OXSQ) suffers from small negative changes in fundamentals: 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 slightly negative Power Rating of 40 and a slightly negative Appreciation Score of 38, resulting in the Negative Value Trend Rating.
Recent Price Action
Oxford Square Capital Corp (NASDAQ: OXSQ) stock closed at $3.02 on 6/12/24 after a slight decline of -0.3%. Moreover, unusually high trading volume at 181% of normal accompanied the decline. The stock has declined -1.9% during the last week and has performed in line with the market over the last nine months.
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