OXSQ Stock Summary and Trading Ideas (Oxford Square Capital Corp. - Closed End | NASDAQ:OXSQ)

Oxford Square Capital Corp is a closed-end, non-diversified management investment company with a focus is to seek an attractive risk-adjusted total return by investing in corporate debt securities and collateralized loan obligation (CLO) structured finance investments that own corporate debt securities. its capital is generally used by its corporate borrowers to finance organic growth, acquisitions, recapitalizations, and working capital. The group invests in various industries such as Structured Finance, IT Consulting, Business Services, Utilities, Software, Healthcare, Telecommunication Services, Plastics Manufacturing, and Diversified Insurance.

Oxford Square Capital Corp. - Closed End trades on the NASDAQ stock market under the symbol OXSQ.

As of May 1, 2024, OXSQ stock price climbed to $3.29 with 298,268 million shares trading.

OXSQ has a beta of 0.32, meaning it tends to be less sensitive to market movements. OXSQ has a correlation of 0.05 to the broad based SPY ETF.

OXSQ has a market cap of $196.32 million. This is considered a Micro Cap stock.

In the last 3 years, OXSQ stock traded as high as $5.22 and as low as $2.60.

The top ETF exchange traded funds that OXSQ belongs to (by Net Assets): VPC.

OXSQ has outperformed the market in the last year with a price return of +24.4% while the SPY ETF gained +21.9%. OXSQ has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +11.3% and +6.1%, respectively, while the SPY returned +2.3% and -0.6%, respectively.

OXSQ support price is $3.18 and resistance is $3.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that OXSQ stock will trade within this expected range on the day.