SuRo Capital (NASDAQ:SSSS) Given “Outperform” Rating at Barrington Research

Barrington Research reaffirmed their outperform rating on shares of SuRo Capital (NASDAQ:SSSS) in a report released on Thursday morning,Benzinga reports. The firm currently has a $8.00 price objective on the stock.

SuRo Capital Stock Performance

SSSS opened at $5.31 on Thursday. The firm has a fifty day moving average price of $5.92 and a 200 day moving average price of $5.12. SuRo Capital has a 1 year low of $3.52 and a 1 year high of $6.83. The stock has a market cap of $125.33 million, a P/E ratio of -2.81 and a beta of 1.53. The company has a debt-to-equity ratio of 0.47, a current ratio of 11.32 and a quick ratio of 11.32.

Institutional Investors Weigh In On SuRo Capital

A number of institutional investors have recently modified their holdings of the business. J. Goldman & Co LP acquired a new position in SuRo Capital in the 4th quarter worth about $3,592,000. Thomas J. Herzfeld Advisors Inc. increased its position in shares of SuRo Capital by 24.7% in the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 1,357,409 shares of the company’s stock valued at $7,982,000 after buying an additional 268,899 shares in the last quarter. Gabelli Funds LLC lifted its position in shares of SuRo Capital by 22.3% during the 4th quarter. Gabelli Funds LLC now owns 1,164,500 shares of the company’s stock valued at $6,847,000 after buying an additional 212,000 shares in the last quarter. Marshall Wace LLP purchased a new position in shares of SuRo Capital during the 4th quarter valued at approximately $461,000. Finally, Wolverine Trading LLC purchased a new stake in SuRo Capital in the 4th quarter worth $414,000. 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.