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

Barrington Research reaffirmed their outperform rating on shares of SuRo Capital (NASDAQ:SSSS - Free Report) in a research report report published on Thursday, Benzinga reports. They currently have a $6.00 target price on the stock.

Separately, JMP Securities lifted their price target on SuRo Capital from $5.50 to $6.00 and gave the stock a market outperform rating in a research report on Tuesday, March 26th.

SuRo Capital Stock Performance

SSSS traded up $0.01 during trading on Thursday, hitting $3.87. 28,506 shares of the stock were exchanged, compared to its average volume of 97,125. The firm has a market capitalization of $98.10 million, a P/E ratio of 18.29 and a beta of 1.56. SuRo Capital has a 1-year low of $3.10 and a 1-year high of $4.72. The stock has a fifty day moving average price of $4.22 and a two-hundred day moving average price of $4.05. The company has a quick ratio of 58.92, a current ratio of 58.92 and a debt-to-equity ratio of 0.36.

SuRo Capital (NASDAQ:SSSS - Get Free Report) last released its quarterly earnings results on Wednesday, March 13th. The company reported ($0.11) EPS for the quarter. The firm had revenue of $2.46 million for the quarter. SuRo Capital had a negative return on equity of 6.58% and a net margin of 76.81%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Tower Research Capital LLC TRC acquired a new position in SuRo Capital during the third quarter worth $27,000. XTX Topco Ltd purchased a new stake in SuRo Capital during the second quarter worth $37,000. Belvedere Trading LLC purchased a new stake in SuRo Capital during the third quarter worth $41,000. LPL Financial LLC purchased a new stake in SuRo Capital during the second quarter worth $48,000. Finally, Byrne Asset Management LLC purchased a new stake in SuRo Capital during the fourth quarter worth $51,000. Institutional investors and hedge funds own 12.95% of the company's stock.

About SuRo Capital

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.