SuRo Capital (NASDAQ:SSSS - Get Free Report)'s stock had its "outperform" rating reiterated by investment analysts at Barrington Research in a research note issued to investors on Thursday,Benzinga reports. They currently have a $8.00 target price on the stock. Barrington Research's target price would suggest a potential upside of 46.79% from the company's current price.
SuRo Capital Price Performance
SSSS traded up $0.14 during midday trading on Thursday, hitting $5.45. The company had a trading volume of 256,828 shares, compared to its average volume of 295,996. The company has a debt-to-equity ratio of 0.47, a quick ratio of 11.32 and a current ratio of 11.32. The company has a market capitalization of $128.63 million, a PE ratio of -2.88 and a beta of 1.53. SuRo Capital has a twelve month low of $3.52 and a twelve month high of $6.83. The firm's 50-day simple moving average is $5.91 and its 200-day simple moving average is $5.14.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of SSSS. Arete Wealth Advisors LLC bought a new position in shares of SuRo Capital in the 3rd quarter valued at about $84,000. HB Wealth Management LLC bought a new position in shares of SuRo Capital in the 4th quarter valued at about $65,000. Choreo LLC boosted its stake in shares of SuRo Capital by 16.6% in the 4th quarter. Choreo LLC now owns 19,380 shares of the company's stock valued at $117,000 after purchasing an additional 2,764 shares during the last quarter. Legato Capital Management LLC bought a new position in SuRo Capital during the 4th quarter worth approximately $82,000. Finally, Levin Capital Strategies L.P. boosted its stake in SuRo Capital by 85.5% during the 4th quarter. Levin Capital Strategies L.P. now owns 145,510 shares of the company's stock worth $856,000 after acquiring an additional 67,049 shares during the last quarter. 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.
See Also
Before you consider SuRo Capital, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SuRo Capital wasn't on the list.
While SuRo Capital currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
