SuRo Capital (NASDAQ:SSSS - Get Free Report ) 's stock had its "outperform" rating reiterated by research analysts at Barrington Research in a note issued to investors on Thursday, Benzinga reports. They currently have a $6.00 price objective on the stock. Barrington Research's price objective points to a potential upside of 57.48% from the company's previous close.
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Separately, JMP Securities raised their price objective on shares of SuRo Capital from $5.50 to $6.00 and gave the stock a "market outperform" rating in a report on Tuesday, March 26th.
Check Out Our Latest Stock Analysis on SSSS
SuRo Capital Stock Performance SSSS stock traded down $0.04 on Thursday, reaching $3.81. 98,226 shares of the company were exchanged, compared to its average volume of 43,520. The stock's fifty day moving average price is $4.14 and its 200 day moving average price is $4.04. The firm has a market capitalization of $88.96 million, a PE ratio of 18.14 and a beta of 1.62. The company has a debt-to-equity ratio of 0.36, a current ratio of 58.92 and a quick ratio of 58.92. SuRo Capital has a 12 month low of $3.10 and a 12 month high of $4.72.
SuRo Capital (NASDAQ:SSSS - Get Free Report ) last issued its quarterly earnings results on Wednesday, March 13th. The company reported ($0.11) earnings per share (EPS) for the quarter. SuRo Capital had a net margin of 76.81% and a negative return on equity of 6.58%. The firm had revenue of $2.46 million for the quarter.
Institutional Inflows and Outflows A number of hedge funds and other institutional investors have recently made changes to their positions in SSSS. Byrne Asset Management LLC bought a new position in SuRo Capital during the 4th quarter valued at about $51,000. Calton & Associates Inc. acquired a new stake in shares of SuRo Capital during the fourth quarter worth approximately $107,000. Janney Montgomery Scott LLC increased its holdings in shares of SuRo Capital by 111.2% during the third quarter. Janney Montgomery Scott LLC now owns 30,339 shares of the company's stock worth $110,000 after buying an additional 15,974 shares in the last quarter. EJF Capital LLC increased its holdings in shares of SuRo Capital by 18.7% during the third quarter. EJF Capital LLC now owns 35,602 shares of the company's stock worth $129,000 after buying an additional 5,602 shares in the last quarter. Finally, Deuterium Capital Management LLC increased its holdings in shares of SuRo Capital by 11.3% during the third quarter. Deuterium Capital Management LLC now owns 36,965 shares of the company's stock worth $134,000 after buying an additional 3,765 shares in the last quarter. 12.95% of the stock is 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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