SuRo Capital's (SSSS) "Outperform" Rating Reaffirmed at Barrington Research

Barrington Research reissued their outperform rating on shares of SuRo Capital (NASDAQ:SSSS - Free Report) in a report released on Tuesday,Benzinga reports. Barrington Research currently has a $6.00 price target on the stock.

SuRo Capital Trading Down 4.8 %

SSSS traded down $0.25 on Tuesday, reaching $5.00. 134,143 shares of the company traded hands, compared to its average volume of 85,038. SuRo Capital has a one year low of $3.32 and a one year high of $5.44. The firm has a fifty day simple moving average of $4.31 and a two-hundred day simple moving average of $4.09. The company has a market cap of $116.90 million, a P/E ratio of -2.67 and a beta of 1.63. The company has a quick ratio of 27.02, a current ratio of 27.02 and a debt-to-equity ratio of 0.46.

Insider Buying and Selling at SuRo Capital

In other SuRo Capital news, CEO Mark D. Klein bought 12,000 shares of the business's stock in a transaction on Tuesday, August 20th. The shares were acquired at an average price of $3.84 per share, with a total value of $46,080.00. Following the transaction, the chief executive officer now owns 1,088,666 shares of the company's stock, valued at approximately $4,180,477.44. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 5.97% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of SSSS. Choreo LLC purchased a new position in shares of SuRo Capital in the 2nd quarter worth approximately $62,000. Levin Capital Strategies L.P. purchased a new stake in SuRo Capital during the 2nd quarter worth approximately $174,000. Acadian Asset Management LLC purchased a new stake in SuRo Capital during the 1st quarter worth approximately $311,000. EJF Capital LLC grew its position in SuRo Capital by 104.2% during the 1st quarter. EJF Capital LLC now owns 72,711 shares of the company's stock worth $331,000 after purchasing an additional 37,109 shares during the last quarter. Finally, Gabelli Funds LLC grew its position in SuRo Capital by 50.6% during the 1st quarter. Gabelli Funds LLC now owns 305,000 shares of the company's stock worth $1,388,000 after purchasing an additional 102,500 shares during the last quarter. Hedge funds and other institutional investors own 12.95% of the company's stock.

SuRo Capital Company Profile

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.