Saul B. Rosenthal Acquires 7,797 Shares of Oxford Square Capital Corp (NASDAQ:OXSQ) Stock

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Oxford Square Capital Corp (NASDAQ:OXSQ) COO Saul B. Rosenthal acquired 7,797 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The stock was bought at an average cost of $5.23 per share, with a total value of $40,778.31. Following the completion of the transaction, the chief operating officer now directly owns 1,206,891 shares in the company, valued at $6,312,039.93. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of Oxford Square Capital stock traded up $0.04 during midday trading on Monday, hitting $5.29. The company had a trading volume of 3,885 shares, compared to its average volume of 208,939. Oxford Square Capital Corp has a 12-month low of $5.02 and a 12-month high of $7.45. The company has a fifty day simple moving average of $5.53 and a 200 day simple moving average of $6.15. The stock has a market cap of $252.81 million, a price-to-earnings ratio of 7.90 and a beta of 0.45.

Oxford Square Capital (NASDAQ:OXSQ) last issued its quarterly earnings results on Wednesday, October 30th. The company reported $0.19 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.20 by ($0.01). Oxford Square Capital had a positive return on equity of 12.94% and a negative net margin of 97.29%. The business had revenue of $13.41 million during the quarter. As a group, sell-side analysts anticipate that Oxford Square Capital Corp will post 0.82 earnings per share for the current fiscal year.

Large investors have recently modified their holdings of the stock. NEXT Financial Group Inc acquired a new position in Oxford Square Capital in the 2nd quarter worth approximately $75,000. Sunbelt Securities Inc. acquired a new position in Oxford Square Capital in the 3rd quarter worth approximately $84,000. Millennium Management LLC acquired a new position in Oxford Square Capital in the 3rd quarter worth approximately $104,000. Marshall Wace LLP acquired a new position in Oxford Square Capital in the 1st quarter worth approximately $222,000. Finally, Creative Planning increased its holdings in Oxford Square Capital by 8.4% in the 2nd quarter. Creative Planning now owns 38,900 shares of the company’s stock worth $249,000 after buying an additional 3,000 shares during the period. Institutional investors own 15.91% of the company’s stock.

OXSQ has been the subject of several research analyst reports. TheStreet lowered shares of Oxford Square Capital from a “b-” rating to a “c+” rating in a research report on Friday, August 23rd. Zacks Investment Research raised shares of Oxford Square Capital from a “hold” rating to a “buy” rating and set a $6.00 price objective for the company in a research report on Wednesday, November 6th. Finally, ValuEngine lowered shares of Oxford Square Capital from a “hold” rating to a “sell” rating in a research report on Friday, November 1st. Three analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $5.33.

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.

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