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Oxford Square Capital Corp. (NASDAQ:OXSQ) stock has reached a 52-week low, dipping to $2.36, as investors navigate a complex market environment. With a market capitalization of $164 million, the stock's RSI indicates oversold territory according to InvestingPro analysis. The company, which specializes in providing capital to established and early-stage companies, has seen its shares struggle over the past year, reflecting a broader trend of investor caution. While the stock has declined about 10% over the past year, it maintains a notable 17% dividend yield and has consistently paid dividends for 22 consecutive years. InvestingPro subscribers can access 6 additional key insights about OXSQ's financial health and valuation metrics. This decrease underscores the challenges faced by investment firms in a fluctuating economic landscape, as well as the impact of broader market pressures on the sector. Despite market pressures, the company maintains strong fundamentals with a current ratio of 2.43 and a relatively low beta of 0.71.
In other recent news, Oxford Square Capital Corp. reported its financial results for the fourth quarter of 2024, highlighting a stable net investment income of $6 million, or $0.09 per share, which is a slight decrease from the previous quarter. The company's total investment income reached $10.2 million, showing a marginal decline from the prior quarter's $10.3 million. The net asset value (NAV) per share decreased to $2.30 from $2.35. Oxford Square distributed $0.105 per share to its shareholders during this period. Additionally, the U.S. leveraged loan market, where the company is actively involved, showed signs of improvement, contributing to Oxford Square's strategic positioning. The company recorded net unrealized and realized losses of $2.7 million, or $0.04 per share. Analysts from various firms have not provided any recent upgrades or downgrades for the company. These developments reflect Oxford Square's ongoing focus on portfolio management strategies aimed at maximizing long-term total returns.
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