SuRo Capital (NASDAQ:SSSS) Earns “Outperform” Rating from Barrington Research

SuRo Capital (NASDAQ:SSSS)‘s stock had its “outperform” rating restated by analysts at Barrington Research in a report released on Thursday,Benzinga reports. They presently have a $8.00 target price on the stock. Barrington Research’s target price suggests a potential upside of 46.79% from the stock’s previous close.

SuRo Capital Price Performance

NASDAQ:SSSS opened at $5.45 on Thursday. SuRo Capital has a one year low of $3.52 and a one year high of $6.83. The company has a debt-to-equity ratio of 0.47, a quick ratio of 11.32 and a current ratio of 11.32. The stock has a market cap of $128.63 million, a PE ratio of -2.88 and a beta of 1.53. The stock has a 50 day moving average price of $5.91 and a 200 day moving average price of $5.14.

Institutional Investors Weigh In On SuRo Capital

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SSSS. J. Goldman & Co LP acquired a new stake in SuRo Capital during the fourth quarter worth $3,592,000. Thomas J. Herzfeld Advisors Inc. increased its stake in SuRo Capital by 24.7% during the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 1,357,409 shares of the company’s stock worth $7,982,000 after acquiring an additional 268,899 shares during the last quarter. Gabelli Funds LLC increased its stake in SuRo Capital by 22.3% during the fourth quarter. Gabelli Funds LLC now owns 1,164,500 shares of the company’s stock worth $6,847,000 after acquiring an additional 212,000 shares during the last quarter. Marshall Wace LLP acquired a new stake in SuRo Capital during the fourth quarter worth $461,000. Finally, Wolverine Trading LLC acquired a new stake in SuRo Capital during the fourth quarter worth $414,000. Institutional investors and hedge funds own 12.95% of the company’s stock.

About SuRo Capital

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.