SuRo Capital (NASDAQ:SSSS) PT Raised to $6.00

SuRo Capital (NASDAQ:SSSS) had its price objective hoisted by JMP Securities from $5.50 to $6.00 in a note issued to investors on Tuesday, Benzinga reports. The firm currently has a “market outperform” rating on the stock. JMP Securities’ target price would indicate a potential upside of 27.12% from the stock’s current price.

Separately, Barrington Research reaffirmed an “outperform” rating and set a $6.00 target price on shares of SuRo Capital in a report on Thursday, March 14th.

SuRo Capital Stock Performance

SuRo Capital stock opened at $4.72 on Tuesday. SuRo Capital has a 52 week low of $3.10 and a 52 week high of $4.72. The company has a current ratio of 58.92, a quick ratio of 58.92 and a debt-to-equity ratio of 0.36. The stock has a market cap of $119.65 million, a P/E ratio of 22.48 and a beta of 1.57. The stock has a 50 day moving average of $4.08 and a 200-day moving average of $3.99.

Institutional Trading of SuRo Capital

Institutional investors and hedge funds have recently made changes to their positions in the stock. Tower Research Capital LLC TRC bought a new position in SuRo Capital during the 3rd quarter worth $27,000. XTX Topco Ltd bought a new position in shares of SuRo Capital during the second quarter worth about $37,000. Belvedere Trading LLC acquired a new stake in shares of SuRo Capital in the 3rd quarter worth about $41,000. Thomas J. Herzfeld Advisors Inc. lifted its position in SuRo Capital by 413.2% in the 2nd quarter. Thomas J. Herzfeld Advisors Inc. now owns 14,329 shares of the company’s stock valued at $46,000 after purchasing an additional 11,537 shares during the last quarter. Finally, LPL Financial LLC acquired a new position in SuRo Capital during the 2nd quarter valued at about $48,000. 12.95% of the stock is currently owned by institutional investors and hedge funds.

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.