Oxford Lane Capital (NASDAQ:OXLCO – Get Free Report) will likely be issuing its results before the market opens on Friday, October 30th. Analysts expect Oxford Lane Capital to announce earnings of $1.81 per share and revenue of $176.68 million for the quarter.
Oxford Lane Capital Price Performance
Shares of Oxford Lane Capital stock opened at $23.55 on Wednesday. Oxford Lane Capital has a 1 year low of $23.07 and a 1 year high of $24.98. The company’s fifty day moving average is $23.71 and its two-hundred day moving average is $23.74.
About Oxford Lane Capital
Oxford Lane Capital Corp. (NASDAQ: OXLCO) is a non-diversified, closed-end management investment company focused primarily on investments in collateralized loan obligations (CLOs). CLOs are investment vehicles that generally hold portfolios of senior secured corporate loans, and Oxford Lane seeks to generate income and capital appreciation through exposure to various CLO debt and equity tranches.
The company’s portfolio may include junior debt and equity interests in CLOs, which can provide higher income potential but also carry greater credit and market risk than senior CLO securities.
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