Oxford Lane Capital Corp. (NASDAQ:OXLCN – Get Free Report)’s stock price was up 1.3% on Wednesday . The company traded as high as $23.85 and last traded at $23.80. Approximately 2,131 shares traded hands during mid-day trading, a decline of 34% from the average daily volume of 3,206 shares. The stock had previously closed at $23.50.
Oxford Lane Capital Stock Performance
The firm’s 50-day moving average is $23.47 and its 200 day moving average is $23.36.
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.
Featured Articles
- Five stocks we like better than Oxford Lane Capital
- What is the Dogs of the Dow Strategy? Overview and Examples
- AMD is Down 35%. Now is the Time to Buy the Dip
- What is a Death Cross in Stocks?
- Amazon Stands Tall: New Highs Are in Sight
- Consumer Staples Stocks, Explained
- Chesapeake Energy Stock is The Energy Play, Earnings Confirm
Receive News & Ratings for Oxford Lane Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Lane Capital and related companies with MarketBeat.com's FREE daily email newsletter.
