SuRo Capital (NASDAQ:SSSS) Stock Rating Reaffirmed by Barrington Research

Barrington Research reissued their outperform rating on shares of SuRo Capital (NASDAQ:SSSS) in a research report released on Thursday morning, Benzinga reports. The brokerage currently has a $6.00 price objective on the stock.

Separately, JMP Securities upped their price objective on shares of SuRo Capital from $5.50 to $6.00 and gave the company a market outperform rating in a research note on Tuesday, March 26th.

SuRo Capital Trading Up 0.3 %

Shares of SSSS opened at $3.87 on Thursday. SuRo Capital has a fifty-two week low of $3.10 and a fifty-two week high of $4.72. The company has a market capitalization of $98.10 million, a PE ratio of 18.43 and a beta of 1.56. The stock has a fifty day moving average of $4.22 and a two-hundred day moving average of $4.05. The company has a debt-to-equity ratio of 0.36, a quick ratio of 58.92 and a current ratio of 58.92.

SuRo Capital (NASDAQ:SSSS) last announced its quarterly earnings data on Wednesday, March 13th. The company reported ($0.11) EPS for the quarter. The business had revenue of $2.46 million during the quarter. SuRo Capital had a net margin of 76.81% and a negative return on equity of 6.58%.

Institutional Trading of SuRo Capital

Institutional investors have recently made changes to their positions in the stock. EJF Capital LLC boosted its holdings in SuRo Capital by 18.7% in the third quarter. EJF Capital LLC now owns 35,602 shares of the company’s stock valued at $129,000 after acquiring an additional 5,602 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. lifted its stake in shares of SuRo Capital by 4,479.8% in the 3rd quarter. Thomas J. Herzfeld Advisors Inc. now owns 656,240 shares of the company’s stock valued at $2,376,000 after purchasing an additional 641,911 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of SuRo Capital by 111.2% during the 3rd quarter. Janney Montgomery Scott LLC now owns 30,339 shares of the company’s stock worth $110,000 after purchasing an additional 15,974 shares during the period. Deuterium Capital Management LLC increased its position in SuRo Capital by 11.3% during the 3rd quarter. Deuterium Capital Management LLC now owns 36,965 shares of the company’s stock worth $134,000 after purchasing an additional 3,765 shares in the last quarter. Finally, Acadian Asset Management LLC increased its position in SuRo Capital by 433.8% during the 3rd quarter. Acadian Asset Management LLC now owns 39,648 shares of the company’s stock worth $142,000 after purchasing an additional 32,221 shares in the last quarter. 12.95% of the stock is owned by hedge funds and other institutional investors.

SuRo Capital Company Profile

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.