Bull Flag Stocks
OXLC is forming a bull flag pattern, suggesting a potential continuation of its upward trend.
NASDAQ:OXLC • US6915438476
The current stock price of OXLC is 10.08 USD. Today OXLC is up by 0.5%. In the past month the price increased by 7.12%. In the past year, price decreased by -57.29%.
OXLC currently appears in the following ChartMill screener lists.
ChartMill assigns a technical rating of 3 / 10 to OXLC. When comparing the yearly performance of all stocks, OXLC is a bad performer in the overall market: 92.34% of all stocks are doing better.
Oxford Lane Capital Corp is a US-based company operating in industry. The company is headquartered in Greenwich, Connecticut. The company went IPO on 2011-01-20. Oxford Lane Capital Corp. (the Fund) is a closed-end management investment company. The Fund’s investment objective is to maximize its portfolio’s risk-adjusted total return. The Fund seeks to achieve its investment objective by investing in structured finance investments, specifically the equity and junior debt tranches of collateralized loan obligation (CLO) vehicles, which are collateralized primarily by a diverse portfolio of senior secured loans made to companies whose debt is unrated or is rated below investment grade (the Senior Loans) and, to a limited extent, subordinated and/or unsecured loans and bonds (CLO Assets). Below investment grade securities, such as the CLO securities in which the Fund primarily intends to invest, are often referred to as junk. The Fund’s investment activities are managed by Oxford Lane Management, LLC (Oxford Lane Management), which is its investment adviser.
The current stock price of OXLC is 10.08 USD. The price increased by 0.5% in the last trading session.
OXLC has a ChartMill Technical rating of 3 out of 10 and a ChartMill Fundamental rating of 3 out of 10.
OXLC stock is listed on the Nasdaq exchange.