News articles about TICC Capital (NASDAQ:TICC) have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. TICC Capital earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave news articles about the investment management company an impact score of 47.8850141708001 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news articles that may have impacted Accern Sentiment’s analysis:

TICC Capital (NASDAQ TICC) opened at $5.46 on Monday. The company has a debt-to-equity ratio of 0.41, a current ratio of 19.74 and a quick ratio of 19.74. TICC Capital has a 52 week low of $5.15 and a 52 week high of $8.19. The company has a market capitalization of $281.08, a PE ratio of 5.20, a price-to-earnings-growth ratio of 1.79 and a beta of 0.55.

TICC Capital declared that its Board of Directors has approved a share repurchase plan on Tuesday, February 6th that permits the company to repurchase $25.00 million in outstanding shares. This repurchase authorization permits the investment management company to reacquire shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Several research firms recently weighed in on TICC. BidaskClub raised TICC Capital from a “strong sell” rating to a “sell” rating in a research report on Wednesday, February 7th. Zacks Investment Research lowered TICC Capital from a “buy” rating to a “hold” rating in a research report on Saturday, January 20th. National Securities lowered TICC Capital from a “neutral” rating to a “sell” rating and set a $5.00 price target on the stock. in a research report on Monday, December 4th. ValuEngine raised TICC Capital from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Finally, Ladenburg Thalmann Financial Services raised TICC Capital from a “neutral” rating to a “buy” rating in a research report on Monday, November 6th. Four research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $5.83.

In related news, CEO Jonathan H. Cohen purchased 22,737 shares of the firm’s stock in a transaction dated Tuesday, December 12th. The stock was bought at an average price of $6.08 per share, for a total transaction of $138,240.96. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Saul B. Rosenthal purchased 31,161 shares of the firm’s stock in a transaction dated Monday, December 18th. The shares were bought at an average price of $5.81 per share, with a total value of $181,045.41. The disclosure for this purchase can be found here. Insiders acquired 201,294 shares of company stock worth $1,194,048 in the last 90 days. Corporate insiders own 5.90% of the company’s stock.

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TICC Capital Company Profile

TICC Capital Corp. is a closed-end, non-diversified management investment company. The Company’s investment objective is to maximize its portfolio’s total return. The Company primarily focuses on seeking current income by investing primarily in corporate debt securities. The Company’s debt investments may include syndicated loans and bilateral loans.

Insider Buying and Selling by Quarter for TICC Capital (NASDAQ:TICC)

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