Oxford Square Capital Corp (NASDAQ: OXSQ) has reported a loss for its fourth fiscal quarter (ending December 31) of $-0.13 versus a loss $-0.46 for the same period a year ago. For the latest four quarters through December 31, E.P.S. were $0.32 versus $-1.72 for the same period a year ago.
Recent Price Action
Oxford Square Capital Corp (NASDAQ: OXSQ) stock declined modestly by -1.3% on 3/15/24. The stock closed at $3.05. Moreover, trading volume in this decline was unusually high at 171% of normal. The stock has performed in line with the market over the last nine months and has declined -2.2% during the last week.
Current PriceTarget Research Rating
OXSQ is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Oxford Square Capital has a current Value Trend Rating of D (Negative). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Oxford Square Capital has a poor Appreciation Score of 18 but a slightly positive Power Rating of 62, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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