OXLC stock: buy or sell?

OXLC stock price: $9.11 -0.11% At close on February 21st, 2020

Updated on:
February 21st, 2020

4

Oxford Lane Capital shares stayed stable -0.11% to $9.11 today.

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?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to choose your own trading plan that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Oxford Lane Capital stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Oxford Lane Capital stock a buy?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't detect any rating for OXLC stock for the last month.

OXLC stock analysis

Daily outlook

Oxford Lane Capital stayed stable a neutral -0.11% and closed at $9.11.

Shares of Oxford Lane Capital ended today at $9.11 and stayed steady a neutral -0.11%. Since price and SMA200d lines crossed up on February/3, OXLC climbed $0.32 (3.64%). OXLC is retaking the upward trend marking a new rising bottom heading to break out over $9.46.

OXLC stock chart (daily)

Weekly outlook

Oxford Lane Capital remained steady a bad -0.44% this week. Early January OXLC climbed an amazing 6.02% in just one week.

Since early February when OXLC stock price broke up the SMA40w line, it gained $0.32 (3.64%). Far behind is the all-time high Oxford Lane Capital marked late July 2019 but price is just -6.37% below that top.

OXLC stock chart (weekly)

OXLC stock price history

OXLC stock went public on January 21st, 2011 with a price of $4.441. Since then, OXLC stock surged a 105.20%, with a yearly average of 11.70%. If you had invested right after OXLC's IPO a $1,000 in OXLC stock in 2011, it would worth $1,052.00 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 $9.73.

OXLC stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not detected any price target for Oxford Lane Capital stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report , Oxford Lane Capital . 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

In 2018, Oxford Lane Capital annual revenues plummed a scary -62.37% to $40.42 million dollars from $107.41 marked in 2017. On the other hand, its profit margin (compared to sales) depreciated to 94.02%, that is $38.01 million.

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 M with a profit margin of . Profit margin remained stable a 0.00% compared to previous quarter when profit margin was nan%. When comparing turnover to same quarter last year, Oxford Lane Capital sales marked a tight movement and stayed steady 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, 0.71% of all outstanding shares are owned by its staff.

In case of Oxford Lane Capital stock, 6.35% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions).

For a better context understanding, the following table shows ownership data compared to other related stocks:

OXLC
Market cap$627.5 M
Total shares68.9 M
Float shares0.0 M
  - Institutional holdings (%)6.3%
  - Insider holdings (%)0.7%
Shares in short selling0.0%

OXLC summary

Friday, February 21st, 2020
Open$9.10
Close$9.11
Day range$9.03 - $9.12
Previous close$9.12
Session gain-0.11%
Average true range$0.15
50d mov avg$8.58
100d mov avg$8.57
200d mov avg$8.85
Daily patternlb02a
Weekly pattern

Oxford Lane Capital performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Oxford Lane Capital, the comparison is made against .
Stock3m6m12m
OXLCOxford Lane Capit...14.45%-0.44%5.44%

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.