Oxford Lane Capital (NASDAQ:OXLCM – Get Free Report) is anticipated to post its results before the market opens on Friday, October 30th. Analysts expect Oxford Lane Capital to post earnings of $1.81 per share and revenue of $176.68 million for the quarter.
Oxford Lane Capital Stock Down 0.2%
Shares of NASDAQ:OXLCM opened at $24.68 on Wednesday. The business’s 50-day moving average is $25.00 and its 200 day moving average is $25.01. Oxford Lane Capital has a 1 year low of $24.35 and a 1 year high of $25.48.
Oxford Lane Capital Company Profile
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.
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