With 63.76M Outstanding Shares, Can Oxford Square Capital Corp (NASDAQ: OXSQ) Deliver Big Short-Term Gains?

Oxford Square Capital Corp (NASDAQ:OXSQ) currently has a daily average trading volume of 408.25K but it saw 922901 shares traded in last market. With a market cap of 178.52M USD, the company’s current market price of $2.80 came falling about -1.41 while comparing to the previous closing price of $2.84. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.29 and as low as $2.82. In the recent trading on the day, stock has struck highest price mark of $2.8 while lowest mark touched by it was $2.85.

Taking a look at 20-day trading activity of Oxford Square Capital Corp (OXSQ) gives us an average price of $2.92, while its current price level is -14.89% below from 52-week high level whereas it is -0.71% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.97 while that of 200 days or SMA-200 reads an average of $3.04. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.55% during that period while stretching the period over a month that decreases to 0.98%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 25.74 which implies that the stock is in oversold territory.

Over the week, OXSQ’s stock price is moving -4.11% down while it is -5.41% when we observe its performance for the past one month. Year-to-date it is -2.10% down and over the past year, the stock is showing a downside performance of -6.04%.

Currently, Oxford Square Capital Corp’s total number of outstanding shares is 63.76M. It has a price to earnings ratio (P/E ratio) of 140.00 while having a 8.75 of forward P/E ratio. Stock’s beta reads 1.08. Stock has a price to book (P/B) ratio of 1.15 while price to sale or P/S ratio amounts to 3.76.