Oxford Lane Capital (NASDAQ:OXLCM – Get Free Report) is anticipated to post its results before the market opens on Friday, October 30th. Analysts expect the company to announce earnings of $1.81 per share and revenue of $176.68 million for the quarter.
Oxford Lane Capital Trading Up 0.3%
Shares of OXLCM opened at $24.75 on Thursday. The stock has a 50-day moving average price of $24.99 and a 200-day moving average price of $25.01. Oxford Lane Capital has a 12-month low of $24.35 and a 12-month high of $25.48.
About Oxford Lane Capital
Oxford Lane Capital Corp. is a closed-end management investment company focused primarily on investments in collateralized loan obligations (CLOs). CLOs are securities backed by portfolios of corporate senior secured loans, and Oxford Lane generally targets the equity and junior debt tranches, which may provide exposure to the cash flows generated by those underlying loan portfolios.
The company may also invest in other credit-related instruments, including corporate debt securities and securities issued by other investment companies.
See Also
- Five stocks we like better than Oxford Lane Capital
- Boeing Got Its MAX 10 Approval, But Q3 Delivered a Reality Check
- The Invisible AI Backbone: Corning’s AI Fiber Play
- Heavy Metal: Why Nucor Could Be an Overlooked AI Infrastructure Winner
- Why Tesla’s Upside Is About More Than a SpaceX Merger
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.
