Oxford Lane Capital Corp. (NASDAQ:OXLC – Get Free Report)’s stock price was up 0.2% during mid-day trading on Tuesday . The stock traded as high as $5.27 and last traded at $5.25. Approximately 844,020 shares were traded during trading, a decline of 74% from the average daily volume of 3,217,930 shares. The stock had previously closed at $5.24.
Oxford Lane Capital Stock Down 0.6 %
The business has a 50-day moving average of $5.34 and a 200-day moving average of $5.32. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 5.20 and a beta of 1.15.
Oxford Lane Capital Dividend Announcement
The company also recently declared a dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 17th will be paid a $0.09 dividend. The ex-dividend date of this dividend is Thursday, October 17th. Oxford Lane Capital’s payout ratio is 99.01%.
Institutional Trading of Oxford Lane Capital
Oxford Lane Capital Company Profile
Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities. The fund primarily invests in securitization vehicles which in turn invest in senior secured loans made to companies whose debt is rated below investment grade or is unrated.
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