Oxford Lane Capital Corp. (OXLC)
Oxford Lane Capital Corp. operates in the Asset Management industry of the Financial Services sector, headquartered in Greenwich, CT, US. The stock last traded at $9.54, up 2.41% on the session, giving a market capitalisation of $931.6M. On trailing twelve-month figures it carries a trailing P/E of -1.59, a net margin of -149.3%. Its beta of 0.63 implies it has historically moved less than the broad market.
Managed by Oxford Lane Management LLC, Oxford Lane Capital Corp. is a closed-end fund primarily focused on fixed income securities. Its investment approach involves allocating capital to securitization vehicles, which subsequently invest in senior secured loans. These loans are extended to companies whose debt is either unrated or falls below investment grade. Oxford Lane Capital Corp. was established in the United States on June 9, 2010.
Oxford Lane Capital Corp. is most often compared with the following Financial Services names: