JMP Securities Boosts SuRo Capital (NASDAQ:SSSS) Price Target to $6.00

SuRo Capital (NASDAQ:SSSS) had its target price raised by JMP Securities from $5.50 to $6.00 in a research report sent to investors on Tuesday morning, Benzinga reports. JMP Securities currently has a market outperform rating on the stock.

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

SuRo Capital Stock Performance

Shares of SSSS opened at $4.55 on Tuesday. The company has a market capitalization of $115.34 million, a PE ratio of 21.67 and a beta of 1.57. SuRo Capital has a one year low of $3.10 and a one year high of $4.72. The company has a debt-to-equity ratio of 0.36, a current ratio of 58.92 and a quick ratio of 58.92. The company’s fifty day moving average price is $4.11 and its 200 day moving average price is $4.00.

Institutional Inflows and Outflows

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 shares of SuRo Capital during the 3rd quarter worth about $27,000. XTX Topco Ltd bought a new position in shares of SuRo Capital during the 2nd quarter worth about $37,000. Belvedere Trading LLC bought a new position in shares of SuRo Capital during the 3rd quarter worth about $41,000. Thomas J. Herzfeld Advisors Inc. increased its holdings in shares of SuRo Capital by 413.2% during the 2nd quarter. Thomas J. Herzfeld Advisors Inc. now owns 14,329 shares of the company’s stock worth $46,000 after purchasing an additional 11,537 shares during the period. Finally, LPL Financial LLC bought a new position in shares of SuRo Capital during the 2nd quarter worth about $48,000. Institutional investors own 12.95% of the company’s stock.

SuRo Capital Company Profile

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.