SuRo Capital (NASDAQ:SSSS - Get Free Report)'s stock had its "outperform" rating reiterated by stock analysts at Barrington Research in a report released on Tuesday,Benzinga reports. They presently have a $8.00 price target on the stock. Barrington Research's price target would indicate a potential upside of 78.57% from the company's current price.
Separately, Citigroup restated an "outperform" rating on shares of SuRo Capital in a research note on Wednesday, March 12th.
View Our Latest Stock Report on SSSS
SuRo Capital Stock Down 0.2 %
SSSS traded down $0.01 on Tuesday, hitting $4.48. 77,069 shares of the company were exchanged, compared to its average volume of 147,159. The firm has a 50-day moving average price of $5.58 and a two-hundred day moving average price of $5.39. The company has a current ratio of 11.32, a quick ratio of 11.32 and a debt-to-equity ratio of 0.47. SuRo Capital has a twelve month low of $3.52 and a twelve month high of $6.83. The company has a market cap of $105.51 million, a price-to-earnings ratio of -2.37 and a beta of 1.61.
Hedge Funds Weigh In On SuRo Capital
Large investors have recently bought and sold shares of the business. Choreo LLC boosted its position in shares of SuRo Capital by 16.6% during the 4th quarter. Choreo LLC now owns 19,380 shares of the company's stock worth $117,000 after acquiring an additional 2,764 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. lifted its stake in SuRo Capital by 24.7% during the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 1,357,409 shares of the company's stock worth $7,982,000 after purchasing an additional 268,899 shares during the last quarter. Levin Capital Strategies L.P. boosted its holdings in SuRo Capital by 85.5% in the fourth quarter. Levin Capital Strategies L.P. now owns 145,510 shares of the company's stock valued at $856,000 after purchasing an additional 67,049 shares in the last quarter. HB Wealth Management LLC purchased a new position in SuRo Capital in the fourth quarter valued at approximately $65,000. Finally, Riverwater Partners LLC purchased a new position in SuRo Capital in the fourth quarter valued at approximately $285,000. Hedge funds and other institutional investors own 12.95% of the company's stock.
SuRo Capital Company Profile
(
Get Free Report)
SuRo Capital Corp. is a business development company. The firm seeks to invest in growth capital, late stage and venture capital-backed private companies. SuRo Capital Corp. was founded in 2010 and is based in San Francisco, California with additional office in New York, New York.
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