Capitala Finance (NASDAQ:CPTA) posted its earnings results on Sunday. The investment management company reported ($0.24) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.28 by ($0.52), Fidelity Earnings reports. Capitala Finance had a negative net margin of 118.60% and a positive return on equity of 1.74%.

Shares of NASDAQ:CPTA traded up $0.10 during midday trading on Tuesday, hitting $19.85. The company had a trading volume of 210 shares, compared to its average volume of 23,125. The company has a debt-to-equity ratio of 1.97, a current ratio of 10.35 and a quick ratio of 10.35. Capitala Finance has a 12-month low of $8.40 and a 12-month high of $23.58. The company has a fifty day moving average of $16.71 and a two-hundred day moving average of $14.40. The company has a market cap of $53.81 million, a price-to-earnings ratio of -1.48 and a beta of 1.85.

Separately, Zacks Investment Research downgraded Capitala Finance from a “hold” rating to a “sell” rating in a report on Tuesday, March 9th.

About Capitala Finance

Capitala Finance Corp. is a Business Development Company specializing in traditional mezzanine, senior subordinated and unitranche debt, first-lien and second-lien loans, equity investments in sponsored and non-sponsored lower and traditional middle market companies. The fund targets companies in the business services, commercial and professional services, manufacturing, consumer goods, textile apparel and luxury goods, leisure goods, household durables, retail, energy, and health-care industries.

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Earnings History for Capitala Finance (NASDAQ:CPTA)

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