Shares of KCAP Financial Inc (NASDAQ:KCAP) saw strong trading volume on Wednesday . 299,304 shares traded hands during mid-day trading, an increase of 188% from the previous session’s volume of 103,849 shares.The stock last traded at $4.41 and had previously closed at $4.24.

A number of equities analysts recently commented on the stock. TheStreet raised shares of KCAP Financial from a “sell” rating to a “hold” rating in a research note on Monday, August 22nd. Zacks Investment Research raised shares of KCAP Financial from a “hold” rating to a “buy” rating and set a $4.50 price target on the stock in a report on Tuesday, August 9th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $4.33.

The stock’s market cap is $161.94 million. The stock has a 50-day moving average of $4.12 and a 200-day moving average of $3.62.

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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