Shares of SuRo Capital Corp. (NASDAQ:SSSS - Get Free Report) traded down 1.4% on Monday . The stock traded as low as $5.84 and last traded at $5.84. 178,337 shares traded hands during trading, an increase of 31% from the average session volume of 136,346 shares. The stock had previously closed at $5.92.
Analyst Ratings Changes
Separately, Barrington Research reissued an "outperform" rating and set a $6.00 target price on shares of SuRo Capital in a research note on Tuesday, November 12th.
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SuRo Capital Stock Down 1.9 %
The company has a debt-to-equity ratio of 0.47, a current ratio of 11.32 and a quick ratio of 11.32. The company has a market capitalization of $133.96 million, a price-to-earnings ratio of -3.03 and a beta of 1.61. The firm's fifty day moving average price is $5.47 and its 200-day moving average price is $4.54.
Insider Activity at SuRo Capital
In other SuRo Capital news, CEO Mark D. Klein purchased 39,000 shares of the company's stock in a transaction dated Friday, November 29th. The stock was purchased at an average price of $5.20 per share, with a total value of $202,800.00. Following the completion of the purchase, the chief executive officer now owns 1,169,923 shares of the company's stock, valued at approximately $6,083,599.60. The trade was a 3.45 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Allison Green acquired 9,100 shares of SuRo Capital stock in a transaction that occurred on Monday, December 2nd. The stock was acquired at an average cost of $5.48 per share, for a total transaction of $49,868.00. Following the purchase, the insider now owns 136,734 shares of the company's stock, valued at $749,302.32. The trade was a 7.13 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders acquired a total of 58,843 shares of company stock worth $307,047 in the last quarter. 5.97% of the stock is owned by insiders.
Institutional Trading of SuRo Capital
Institutional investors have recently added to or reduced their stakes in the stock. Choreo LLC acquired a new position in SuRo Capital in the second quarter valued at approximately $62,000. Arete Wealth Advisors LLC bought a new position in SuRo Capital in the 3rd quarter valued at about $84,000. Levin Capital Strategies L.P. purchased a new position in SuRo Capital during the 2nd quarter worth $174,000. Acadian Asset Management LLC grew its stake in shares of SuRo Capital by 91.6% in the 2nd quarter. Acadian Asset Management LLC now owns 131,636 shares of the company's stock worth $527,000 after acquiring an additional 62,950 shares in the last quarter. Finally, Gabelli Funds LLC raised its holdings in shares of SuRo Capital by 139.3% in the second quarter. Gabelli Funds LLC now owns 730,000 shares of the company's stock valued at $2,927,000 after purchasing an additional 425,000 shares during the last quarter. 12.95% of the stock is currently owned by institutional investors.
About SuRo Capital
(
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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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