Should Investors Trust The Upside Potential In Oxford Square Capital Corp (OXSQ)?

Oxford Square Capital Corp (NASDAQ:OXSQ) currently has a daily average trading volume of 492.66K but it saw 344182 shares traded in last market. With a market cap of 181.95M USD, the company’s current market price of $2.68 came rising about 1.90 while comparing to the previous closing price of $2.63. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.29 and as low as $2.62. In the recent trading on the day, stock has struck highest price mark of $2.64 while lowest mark touched by it was $2.68.

Taking a look at 20-day trading activity of Oxford Square Capital Corp (OXSQ) gives us an average price of $2.79, while its current price level is -18.54% below from 52-week high level whereas it is 2.29% 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 $2.84 while that of 200 days or SMA-200 reads an average of $3.00. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.29% during that period while stretching the period over a month that increases to 1.64%. 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 37.33 which implies that the stock is in neutral territory.

Over the week, OXSQ’s stock price is moving 0.75% up while it is -7.27% when we observe its performance for the past one month. Year-to-date it is -6.29% down and over the past year, the stock is showing a downside performance of -7.59%.

Currently, Oxford Square Capital Corp’s total number of outstanding shares is 67.89M. It has a 10.72 of forward P/E ratio. Stock’s beta reads 1.04. Stock has a price to book (P/B) ratio of 1.05 while price to sale or P/S ratio amounts to 3.83.