KCAP Financial Inc. (NASDAQ:KCAP) shot up 2.2% on Tuesday . The stock traded as high as $4.24 and last traded at $4.22, with a volume of 117,975 shares traded. The stock had previously closed at $4.13.

Several brokerages have weighed in on KCAP. TheStreet raised KCAP Financial from a “sell” rating to a “hold” rating in a research report on Monday, August 22nd. Zacks Investment Research lowered KCAP Financial from a “hold” rating to a “sell” rating in a research report on Wednesday, June 29th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $4.33.

The company’s 50-day moving average price is $4.10 and its 200 day moving average price is $3.61. The firm’s market cap is $155.70 million.

KCAP Financial, Inc is an internally managed, non-diversified closed-end investment company. The Company has approximately three principal areas of investments. First, the Company originates, structures and invests in senior secured term loans and mezzanine debt primarily in privately-held middle market companies (the debt securities portfolio).

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