Neostellar Capital (NASDAQ:NSLR) Issues Earnings Results

Neostellar Capital (NASDAQ:NSLR) announced its quarterly earnings results on Wednesday. The company reported ($0.90) earnings per share (EPS) for the quarter, Zacks reports. Neostellar Capital had a net margin of 10,695.73% and a negative return on equity of 6.61%.

Neostellar Capital Trading Down 2.2%

NASDAQ:NSLR traded down $0.24 during mid-day trading on Wednesday, reaching $10.91. 160,290 shares of the stock were exchanged, compared to its average volume of 279,690. The company has a market capitalization of $288.79 million, a PE ratio of 1.56 and a beta of 1.44. The company has a quick ratio of 24.38, a current ratio of 24.38 and a debt-to-equity ratio of 0.19. Neostellar Capital has a 1 year low of $8.11 and a 1 year high of $14.98.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Weiss Ratings started coverage on shares of Neostellar Capital in a research report on Thursday, July 9th. They set a “buy (b)” rating for the company. BTIG Research reaffirmed a “buy” rating and issued a $15.00 target price on shares of Neostellar Capital in a research report on Friday, July 10th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $15.00.

Neostellar Capital Company Profile

SuRo Capital Corp. is a business development company. The firm seeks to invest in growing, late stage, venture capital-backed private companies. SuRo Capital Corp. was founded in 2010 and is based in San Francisco, California.