Stellus Capital Investment Corp. (SCM) Sees Unusually-High Trading Volume
Shares of Stellus Capital Investment Corp. (NYSE:SCM) saw an uptick in trading volume on Friday . 67,721 shares changed hands during trading, an increase of 1% from the previous session’s volume of 67,116 shares.The stock last traded at $11.08 and had previously closed at $11.18.
Several brokerages recently commented on SCM. Oppenheimer Holdings Inc. set a $13.00 target price on Stellus Capital Investment Corp. and gave the stock a “buy” rating in a report on Monday, August 8th. Raymond James Financial Inc. cut Stellus Capital Investment Corp. from an “outperform” rating to a “market perform” rating in a report on Thursday, August 11th. Zacks Investment Research raised Stellus Capital Investment Corp. from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a report on Thursday, August 11th. Robert W. Baird cut Stellus Capital Investment Corp. from an “outperform” rating to a “neutral” rating and set a $11.00 price target on the stock. in a report on Thursday, July 14th. Finally, Janney Montgomery Scott reaffirmed a “hold” rating on shares of Stellus Capital Investment Corp. in a report on Wednesday, April 27th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $12.13.
The stock’s 50 day moving average is $10.91 and its 200 day moving average is $9.97.
The company also recently disclosed a dividend, which will be paid on Thursday, September 15th. Shareholders of record on Wednesday, August 31st will be paid a dividend of $0.113 per share. The ex-dividend date is Monday, August 29th.
Stellus Capital Investment Corporation is an externally managed, closed-end, non-diversified management investment Company that has elected to be regulated as a business development company. The Company’s investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through debt and related equity investments in middle-market companies.
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