Alert: Rating Upgrade (12/15/23)-Oxford Lane Capital Corp (NASDAQ: OXLC).


Stock Rating Upgrade

In the last week the Value Trend Rating for Oxford Lane Capital Corp (NASDAQ: OXLC) improved from C to B reflecting improving fundamentals and high Appreciation Potential.


Recent Price Action

On 12/15/23, Oxford Lane Capital Corp (NASDAQ: OXLC) stock declined slightly by -0.2%, closing at $4.83. Moreover, this decline was accompanied by above average trading volume at 138% of normal. The stock has performed in line with the market over the last nine months and has declined -5.1% during the last week.

Current PriceTarget Research Rating

OXLC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Oxford Lane Capital has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Oxford Lane Capital has a neutral Power Rating of 58 and a slightly positive Appreciation Score of 70, and the Positive Value Trend Rating results.

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