(OXSQ) Oxford Square Capital - Ratings and Ratios

Oxford Square Capital Corp is a business development company that specializes in private equity and mezzanine investments, focusing on technology-related companies with annual revenues under $200 million and enterprise values below $300 million. Its investment portfolio includes a range of debt and equity securities, such as senior debt, subordinated debt, preferred stock, and common stock, typically investing between $5 million and $30 million per deal.

The companys investment strategy is centered around providing capital to growth-stage companies in the technology sector, including software, IT infrastructure, media, telecommunications, and medical device technology. With a typical investment horizon of 7 years, Oxford Square Capital Corp aims to exit its investments through various means, such as mergers and acquisitions or initial public offerings.

From a technical analysis perspective, OXSQs stock price has been relatively stable, with a current price of $2.48, slightly below its 20-day simple moving average (SMA) of $2.49. The stocks 52-week high and low are $2.80 and $2.29, respectively, indicating a relatively narrow trading range. The average true range (ATR) of 0.08, or 3.15%, suggests moderate volatility.

Given the companys investment focus and the current market environment, a forecast for OXSQs stock price can be made by analyzing its fundamental and technical data. With a market capitalization of $177.01 million and a lack of reported earnings, the companys valuation is challenging to assess using traditional metrics. However, considering the overall trend in the technology sector and the companys investment portfolio, a potential price target for OXSQ could be $2.70, representing a 9% increase from its current price. This forecast is based on the assumption that the companys investment portfolio will continue to perform well, and the overall market sentiment towards business development companies will remain positive.

Its worth noting that Oxford Square Capital Corp serves as the investment adviser to TICC, another business development company, and has a proven track record of investing in technology-related companies. With its expertise and focus on this sector, the company is well-positioned to capitalize on emerging trends and opportunities, potentially driving long-term growth and returns for its shareholders.