OXLC stock: buy or sell?

OXLC stock price: $4.90 -2.97% At close on March 27th, 2020

Updated on:
March 27th, 2020

2

After boosting an astounding 15.84% on Mar 26th, Oxford Lane Capital closed yesterday at $4.90 and eased a shocking -2.97%. On Monday OXLC collapsed a hair-raising -7.37%.

Oxford Lane Capital Corp. is a close ended fund launched and managed by Oxford Lane Management LLC. It invests in fixed income securities.

Should I buy OXLC stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Oxford Lane Capital stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean OXLC will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Oxford Lane Capital stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for OXLC stock for the last 30 days.

OXLC stock analysis

Daily outlook

After boosting an astounding 15.84% on March 26th, Oxford Lane Capital closed yesterday at $4.90 and eased a shocking -2.97%.

After boosting an astounding 15.84% on Mar 26th, Oxford Lane Capital closed yesterday at $4.90 and eased a shocking -2.97%. In the last 32 days when OXLC stock price broke down the SMA200d line, it slid $-3.80 per share (-43.68%).

OXLC stock chart (daily)

Weekly outlook

After sliding for 4 weeks, this week Oxford Lane Capital climbed an outstanding 46.27%, closing at $4.90. Last week OXLC plummed a spooky -78.81% in just one week. This week broke a streak of 4 declining weeks.

Since price and 40-weeks moving average lines crossed down late February, OXLC fell $-4.01 per share (-45.01%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support. Far behind is the all-time high Oxford Lane Capital marked late July 2019 and since then the price is -48.53% below that top.

OXLC stock chart (weekly)

OXLC stock price history

OXLC stock went public on January 21st, 2011 with a price of $4.341. Since then, OXLC stock surged a 12.90%, with a yearly average of 1.40%. If you had invested $1,000 in OXLC stock in 2011, it would worth $129.00 today.

1: Adjusted price after possible price splits or reverse-splits.

OXLC stock historical price chart

OXLC stock reached all-time highs on July with a price of $9.52.

OXLC stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' OXLC stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not found any price forecast for Oxford Lane Capital stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, when Oxford Lane Capital published its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
OXLC earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2016-Q1-n/a-2.86n/a
2016-Q3-n/a3.88n/a
2017-Q1-n/a1.11n/a
2017-Q3-n/a0.26n/a
2017-Q4-n/an/an/a
2018-Q12018-05-17n/a0.4n/a
2018-Q22018-10-05n/an/an/a
2018-Q32018-11-05n/a0.46n/a
2018-Q42019-02-11n/a0.47n/a
2019-Q1-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw a hair-raising correction of -62.37% to $40.42 M USD. When comparing 2018 vs 2017, on the other hand, profit margin (that is, the net income divided by revenues) decreased a -3.92% to 94.02%.

OXLC annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2014$23 M-$23 M98.5%-
2015$5.95 M-74.15%$3.33 M56.0%-85.30%
2016$-83.46 M-1,503.02%$-85.78 M102.8%-2,674.91%
2017$107 M-228.69%$105 M97.9%-222.64%
2018$40 M-62.37%$38 M94.0%-63.87%

Quarterly financial results

Reported quarter income marked million with a profit margin of . Profit margin remained steady a 0.00% compared to previous quarter when profit margin was nan%. When comparing sales to same quarter last year, Oxford Lane Capital sales marked a neutral move and remained stable a nan%.
OXLC quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2016-Q3$25.97 M-$76.59 M294.9%-
2017-Q1$31.98 M23.14%$28.61 M89.5%-62.65%

Oxford Lane Capital ownership

When you are planning to invest in a stock, it's worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Oxford Lane Capital, 0.89% of all outstanding shares are owned by its staff.

In case of Oxford Lane Capital stock, 7.99% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions).

The following table compares ownership indicators for other stocks related to Oxford Lane Capital:

OXLC
Market cap$345.2 M
Total shares70.4 M
Float shares0.0 M
  - Institutional holdings (%)8.0%
  - Insider holdings (%)0.9%
Shares in short selling0.0%

OXLC summary

Friday, March 27th, 2020
Open$4.75
Close$4.90
Day range$4.53 - $5.12
Previous close$5.05
Session gain-2.97%
Average true range$1.10
50d mov avg$7.46
100d mov avg$7.74
200d mov avg$8.31
Daily patternlt03a
Weekly pattern

Oxford Lane Capital performance

To measure stock performance is always good to compare with competitors or related stocks. We compared Oxford Lane Capital against in the following table:
Stock3m6m12m
OXLCOxford Lane Capit...-36.36%-41.87%-40.68%

Oxford Lane Capital competitors

Unfortunately, we could not find any public company that could be defined as Oxford Lane Capital competitor. This doesn't mean Oxford Lane Capital does not have any competitor in the market, it's just we could not detected it.